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Bullboard - Stock Discussion Forum True North Commercial REIT TUERF


Primary Symbol: T.TNT.UN

True North Commercial Real Estate Investment Trust (the REIT) is a Canada-based unincorporated, open-ended real estate investment trust. The REIT’s primary objective is to maximize total returns to its unitholders. Its returns include a stable, reliable, and tax-efficient monthly cash distribution as well as long-term appreciation in the value of its units through the effective management of a... see more

TSX:TNT.UN - Post Discussion

True North Commercial REIT > Complete lack of interest
View:
Post by SIGG1 on May 23, 2024 10:01am

Complete lack of interest

Shorts are back in the driver seat, I think it will probably go back to the 52 week low of $6.32. 

Buying only 25% of what they should be buying back under the NCIB creates even more uncertainty and we all know how markets hate uncertainty. 

Well done DD.
Comment by flamingogold on May 23, 2024 10:28am
You are blaming Mr. Drimmer for the poor sentiment in the REIT sector? He didn't create the sentiment, but merely doing what's possible to navigate around it. Of the REITs I follow, this and MRT are the only ones that buy back and yet their share prices is in the toilet. It will stay there until the sentiment changes, most likely once rates appreciably decline and not just by 1/4 pt ...more  
Comment by ARGONOT on May 23, 2024 11:22pm
HAS BEEN A C>N JOB.ALL THE WAY.glta.
Comment by giovinco on May 27, 2024 7:22pm
Why is tnt wasting money to hire people so that they could write on this board in favor of DD? DD must be very sensitive and weak minded to do that. Anyway, all in all it is CEO's fault for share price going down the toilet. Look at Elon Musk, he is saying tesla's share price appreciation is his achievement. Just reinstate the distribution, then the share price will increase slowly at ...more  
Comment by flamingogold on May 27, 2024 8:05pm
Me hired by TNT? You are a waste of time. On ignore.
Comment by wheeloffortune on May 30, 2024 7:15pm
Oh great, you compare DD to Elon Musk running Tesla and then conclude DD should reinstate the distribution to raise the SP when Tesla doesn't pay a dividend.  Great logic.
Comment by lancebryant on Jun 03, 2024 7:12pm
Possibly the most out of touch post in the history of the internet.  
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