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Bullboard - Stock Discussion Forum
Lanesborough Real Estate Investment Trust
V.LRT.UN
Lanesborough Real Estate Investment Trust (The Trust) is a Canada-based closed-end real estate investment trust. The investment properties of the Trust operate through three segments: Fort McMurray Properties, Other Investment Properties, and Held for Sale and/or Sold Properties. Its Fort McMurray Properties include 10 properties. Its Other Investment Properties includes three properties. It’s...
Held for Sale and/or Sold Properties includes four properties. The Trust's property portfolio consists of 13 rental properties, encompassing 12 multi-unit residential properties, including the unsold condominium units at Lakewood Townhomes.
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Bullboard (TSXV:LRT.UN)
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(396)
•••
riverrrow
X
Comment by
riverrrow
on Oct 27, 2023 10:16am
RE:Asset stripping at its finest..
I've seen this play before with some very big companies. Run the company into the ground and then sell the distressed assets back to management at unverifiable valuations.
(11)
•••
quicksilver545
X
Post by
quicksilver545
on Oct 26, 2023 9:48pm
Asset stripping at its finest..
Another sale of properties with no recognizable benefit to unitholders, isn't voted on by unitholders, and is somehow removed from any kind of regulation because they no longer trade on a
...more
Additional Drill Results from Phase 1 Program & Plans for Phase II Exploration
posted Dec 01, 2023 9:00am by
Heritage Mining Ltd.
-
|
Our 2023 field and drill program has not only validated but also expanded the deformation corridor, now boasting an impressive ~200m width, 1km in strike length and a depth reaching at least 145m, which remains wide open in all directions. Against the backdrop of a robust gold environment, we are delighted to announce plans for Phase II at Alcona ...read more
(0)
•••
PressRelease
X
Post by
PressRelease
on Oct 26, 2023 5:00pm
New Press Release - LANESBOROUGH REIT ENTERS INTO AGREEMENT TO SELL PROPERTY
WINNIPEG, MB, Oct. 26, 2023 /CNW/ - Lanesborough Real Estate Investment Trust ("LREIT") (TSXV: LRT.UN) announces today that it has entered into an asset purchase agreement (the "Agreement") in connection with the sale of Nelson Ridge Estates, 101 Loutit Road, Fort McMurray, Alberta (the "Property...
read article.
(57)
•••
Tslayer
X
Comment by
Tslayer
on Oct 10, 2023 11:02am
RE:Formal complaint to AVCM
Could you send any links to file a complaint. I will do the same.
(29)
•••
Isyckle
X
Post by
Isyckle
on Oct 09, 2023 10:49pm
Formal complaint to AVCM
I'm sending a formal complaint to my provincal AVCM. They are purposefully selling assets before the fair value has a chance to go back up since it reached it's minimum in the past 6
...more
(10)
•••
BobTheKnob2
X
Comment by
BobTheKnob2
on Oct 01, 2023 12:21am
RE:RE:RE:Another repeat from last year?
100% Foresight in voting against management's proposal o rollback the shares for something bird-bhurtrained like a 500 old to one new share rollback, only a few months after F'ing over every
...more
(21)
•••
alkhor
X
Comment by
alkhor
on Sep 27, 2023 3:37pm
RE:RE:Another repeat from last year?
Think of the bright side, this might be the only REIT whose unit price has not fallen.
(57)
•••
Tslayer
X
Comment by
Tslayer
on Sep 27, 2023 1:45pm
RE:Another repeat from last year?
Awful quiet on the LRT front. With the blood bath that most Canadian REITs are going through, I can't imagine what these jokers might pull out of their arrses next.
(10)
•••
BobTheKnob2
X
Post by
BobTheKnob2
on Aug 24, 2023 9:58pm
Another repeat from last year?
The annual meeting supposedly occured this past Tuesday, August 22 at 10:00am Winnipeg time. Since then - radio silence. This afternoon the company filed the 2Q23 financials and MD+A on Sedar
...more
(10)
•••
BobTheKnob2
X
Post by
BobTheKnob2
on Aug 02, 2023 1:37am
Management apparently didn't get the memo last year
I just received my voting packagefor one of my trading accountsfor the upcoming AGM. If you recall, last year all managent proposals were defeated by a simple majority of voters. Of course
...more
(10)
•••
BobTheKnob2
X
Comment by
BobTheKnob2
on Jul 17, 2023 2:11am
RE:Voting Material
Record date for the meeting is tomorrow - July 18 Let's hope that we get a news release today which states that the company has a buy-out offer from an arms-length third-party and the metting
...more
(57)
•••
Tslayer
X
Post by
Tslayer
on Jun 28, 2023 5:10pm
Voting Material
I just received my material this afternoon. Logged into proxy vote and got same message. Voting closed on June 22. I will review material and see if I can send a complaint about these timeframes.
...more
(396)
•••
riverrrow
X
Post by
riverrrow
on Jun 23, 2023 11:44am
LOLOLOL
Received my voting package today, June 23. Tried to vote. Message came up that voting was closed June 22.
(10)
•••
BobTheKnob2
X
Comment by
BobTheKnob2
on Jun 23, 2023 1:27am
RE:RE:RE:RE:RE:New Press Release - LANESBOROUGH REIT ANNOUNCES CHANGE TO DATE OF ANNUAL GENERAL MEETING OF UNITHOLDERS
I am going to add even more to my last post because I am not done yet. This sentence from the news release announcing the operating results for the period ending June 30, 2022 also speaks volumes:
...more
(11)
•••
quicksilver545
X
Comment by
quicksilver545
on Jun 23, 2023 12:03am
RE:RE:RE:RE:RE:New Press Release - LANESBOROUGH REIT ANNOUNCES CHANGE TO DATE OF ANNUAL GENERAL MEETING OF UNITHOLDERS
I know Bob, will never forget that either. Can't believe how they can just ignore results of the vote like that anyways. Do we have any recourse here? I suppose someone could suggest an
...more
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