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Wall Financial Corp T.WFC

Alternate Symbol(s):  WFICF

Wall Financial Corporation is a Canada-based real estate investment and development company. The Company is focused on the development and management of residential and commercial rental units, development and construction of residential housing units for sale and development and management of hotel properties. The Company’s segments include ownership and management of residential and commercial rental properties (investment properties), the development and sale of residential housing (development properties), and the ownership and management of hotel properties (property, plant and equipment). Its property under development includes Ivy on the Park, Eagle Mountain and Trails North Vancouver projects. The Company owns and manages over 934 hotel units (188 at the Westin Wall Center, Vancouver Airport, and 746 at the Sheraton Vancouver Wall Center). It also owns and manages approximately 1,523 residential and commercial rental units located in Metro Vancouver.


TSX:WFC - Post by User

Comment by malx1on May 02, 2024 3:00pm
19 Views
Post# 36020099

RE:RE:RE:Shake your divi maker.

RE:RE:RE:Shake your divi maker.Nothing wrong with no coverage.

I kinda like it.  Under the radar.

My favourite company has one firm covering it, and for many years there was no coverage.

Better that way, you beat the crowds.


Oh boy, if you're banking on rate cuts to boost free cash flow then you've got the wrong Financial Planner.

Tiff Macklem ain't cheap these days.  No messing around!

wynner wrote: I've heard Aqualung. Jethro Tull is touring again.

Pneumoconiosis. I grew up in a steel making / coal mininng area of the world.

FWIW. Here is my free analysis for all to glaze at seeing there ARE no analysts covering this due to not feeding the ducks.

From KPNG and MD&A.

Cash: $22.788 million.
For sale property. $175 million.
Mortgage due: 2025 $56.6 million. 2026 $36.39 million. 2027 $49.5 million.
Salaries, wages and director fees: $1,462,572
Rental revenue : $45 million, up from $40 million
Hotel revenue :$108 million, up from $85 million.
NAV (fair value) : 2024 $40.66 per share. 2023 $36.44
100,000 less shares outstanding than last year.

Every 1% interest rate cut is equal to $2.11 million increase in earnings.



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