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Bullboard - Stock Discussion Forum 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... see more

TSXV:YEG - Post Discussion

Yorkton Equity Group Inc > Overhead costs are top heavy
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Post by pennydredful on Nov 11, 2022 9:36am

Overhead costs are top heavy

Plus    they   incurred  huge    bad  debt   ----must   be   renting   to  dead beats  and have  poor  credit  checks   in place   or   non   existent   or  perhaps  what  one can  expect  in   BC.  ?
Comment by prested on Nov 16, 2022 11:18am
The property market is far from robust, and this company is paying 8% to debeture holders. Says it all when they pay 2% over regular bonds.
Comment by pennydredful on Nov 16, 2022 4:50pm
will   have   zero    liquidity   .  Slate    just    sold     7.5%   but   dealers   had    to  dump   at  94    to  yield    9.66%     as    few   buyers  and    these  are  ...more