Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Standard Merchantile Acquisition Corp Cl A T.TZS

Financial Services Asset Management
Trez Capital Senior Mortgage Investment Corp engages in the mortgage brokerage and investment management business. It focuses on residential and commercial short-term bridge financing. The company offers private and institutional investors opportunities to participate in high yield mortgage investment funds and individually managed portfolios. The company provides the commercial real estate... see more

Bullboard (TSX:TZS)

View:
1 2 Next
Post by Pandoraon Sep 20, 2017 1:42am

Anybody still here?

Seems deserted. Did everyone cash out?
101
Comment by Pandoraon Jun 12, 2017 5:55pm

RE:RE:RE:RE:RE:RE:Return of Capital

I'm not sure what you mean by this: "If I just put the money in my bank account at 2% and then withdrew it on a monthly basis I would be pretty close to where I am now and there would be no ...more  
182
Discussion
Comment by ArbProfiton May 28, 2017 12:37am

RE:RE:RE:RE:RE:Return of Capital

First quarter earnings were released and stated a March 31st NAV of $5.49. Subtract $0.66 and two more monthly payments (including May) leaves $4.73 plus a small amount of interest earned on the ...more  
148
Discussion
Comment by Pandoraon May 27, 2017 11:09pm

RE:RE:RE:RE:Return of Capital

Some simple math. Having bought 2500 shares at $6.42  ($16058.00) in November of 2016 (recommended by my broker?) and having received 6 payments of $121.25 and a special ROC of $3325 plus this ...more  
165
Discussion
Comment by Pandoraon May 27, 2017 10:28pm

RE:RE:RE:Return of Capital

And $5.39 minus 66 cents for the last special distribution leaves us with about $4.73. We are now trading at $4.50. So where does it go from here?
116
Discussion
Comment by ArbProfiton May 10, 2017 3:09pm

RE:RE:Return of Capital

I'm still holding some shares, mostly due to a lack of alternatives. Book value at Dec.31, 2016 was $6.92.  Subtract  $1.33 for the last special distribution and that leaves $5.59 ...more  
129
Discussion
Comment by Pandoraon May 10, 2017 11:01am

RE:Return of Capital

Well it seems it's time for another return of capital. This time it is 66 cents per share payable on May 29. Share value will drop again. And on we go to the next. I see there is virtually no ...more  
126
Discussion
Comment by ArbProfiton Feb 02, 2017 4:07pm

RE:RE:Return of Capital

Today, Feb.2nd, is the ex-dividend date.  You need to own it prior to the ex-date to be a shareholder on record Feb.6th and receive the dividend.  If you bought today, you won't receive ...more  
145
Discussion
Comment by Pandoraon Feb 02, 2017 3:51pm

RE:Return of Capital

Ouch, there is a drop of $1.31 today which I suppose is in anticipation of the "special dividend" of $1.33 payable on Feb 21st for holders of record as of Feb 6th -- but this is only Feb 2nd ...more  
132
Discussion
Comment by ArbProfiton Jan 13, 2017 4:57pm

RE:RE:Return of Capital

Yes, once it goes ex-dividend, the stock will drop accordingly.  As you probably know, they are winding up the fund, so all capital will eventually be returned to shareholders (less any costs or ...more  
151
Discussion
Comment by Pandoraon Jan 13, 2017 10:51am

RE:Return of Capital

You were right -- news yesterday, next special distribution in February a return of capital. Not sure what happened with the last one -- does the share price then take a dip?  
98
Discussion
Post by ArbProfiton Dec 12, 2016 9:35pm

Return of Capital

There should be some news soon about the next return of capital for TZS.  It will almost certainly be another cash distribution.  The MIC is now holding approx $40M in loans, so it's ...more  
256
Discussion
Post by ArbProfiton Nov 12, 2016 1:33pm

Book Value $7.00 at end of Q3

As of September 30, 2016 the book value per share was $7.00 versus $9.05 at June 30, 2016.  On October 15, 2016 the Company paid a special ...more  
133
Comment by machinedreamon Sep 13, 2016 3:29pm

RE:RE:RE:Anybody watching this?

Awesome analysis Roxy27. A few days ago, I took a peek at the latest financials and did some quick calculations came up with $8.80 ish.  (Don't quote me on it..I did it on my phone :)   ...more  
131
Discussion
Comment by Roxy27on Sep 13, 2016 10:32am

RE:RE:Anybody watching this?

Very good question. The companies financials do not reference a Book Value (or NAV) per share.  Their YE 2014 statements indicated a NAV of $9.30 per share. A recent research report form RJ ...more  
164
Discussion
1 2 Next
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
{{currentVideo.headline}}
{{currentVideo.link1Text}}
{{currentVideo.link2Text}}
< Previous
{{moreVideoText}}
Next >
Dealroom for high-potential pre-IPO opportunities