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Yorkton Equity Group Inc V.YEG

Yorkton Equity Group Inc. is a Canada-based real estate investment company. The Company is focused on providing shareholders with assets through accretive acquisitions, organic growth, and the active management of multi-family rental properties with significant upside potential. Its business objectives are to achieve growing net operating income as well as the asset values in its multi-family rental property portfolio in strategic markets across Western Canada. It primarily owns a portfolio of multi-family rental properties in Alberta and British Columbia. Its geographical focus is on secondary markets in Western Canada. Its residential properties include townhouses and low and mid-rise apartments located in Alberta (Edmonton) and British Columbia (Kelowna, Langford, Penticton, and Fort St. John). It owns over nine multi-family rental properties, such as the Dwell, Larson Place, Pacific Central, Winton Terrace, Canterbury Estates, Midtown Apartments, Riviera Gardens, and others.


TSXV:YEG - Post by User

Post by watchmeplzon Nov 16, 2022 5:39pm
249 Views
Post# 35104981

Is this a real offer?

Is this a real offer?In my opinion, Unsecured .30c converts? Its trading at .16, whats 2mil going to do anyways other than pay salaries, can't even buy 1 residential house for that, lmao, let alone multi-family complex. No chance im hoping into paying someones G&A bill for 2x market value. Delineate what the funds are for. They don't even have to pay 1 interest payment and they double up win on current sp, lol. All their cap rates are like 4-5%, how are you paying my 8% without another raise in a declining market, with over 100m shares outstanding? Am i a sucker? 
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