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Bullboard - Stock Discussion Forum American Hotel Income Properties REIT 6 00 Convertible Unsecured Subordinated Debentures T.HOT.DB.V

Alternate Symbol(s):  AHOTF | T.HOT.UN

American Hotel Income Properties REIT LP is a trust that invests in hotel real estate properties. The company's primary business is owning Premium Branded hotels, which have franchise agreements with international hotel brands including Marriott, Hilton, and IHG. It generates revenue from the room, food, beverage, and other revenue. The other revenue is comprised of conference room rentals... see more

Bullboard (TSX:HOT.DB.V)

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Comment by borne2runon Nov 08, 2023 7:01pm

RE:RE:RE:Distribution gone

Absolutely right, Lashing.  AHIP was garbage before covid.  I once owned a few units and escaped unscathed, exiting in the 7s with a small gain.  I called out the company for the sh1t ...more  
Post by Corbomiteon Nov 08, 2023 6:40pm

Don’t Understand this outfit

Have been without a home for the past while and have been staying in junk hotels, Most are booked solid after 8 pm. A clean average room will cost you plus 200$ A dirty bedbug ridden room will go for ...more  
Post by flamingogoldon Nov 08, 2023 5:44pm

Change in the board's compensation

"Effective Oct. 1, 2023, the majority of the board's compensation will be paid in AHIP RSUs (restricted share units) which will be priced and vest in the form of units at the end of each ...more  
Comment by lashingon Nov 08, 2023 4:56pm

RE:RE:Distribution gone

INterest rates are not going down ... suckers like you lose all, every time. This stock has long been garbage. People were talking like you when it was $6 ... yeah, real bargain LOL
Comment by Sunnyboyon Nov 08, 2023 1:57pm

RE:RE:RE:RE:Distribution gone

Yes and 50% of book value according Q3 would be about 2.00USD / 2.75CAD if I did the math correct?
Comment by BBAccount001on Nov 08, 2023 11:06am

RE:RE:RE:Distribution gone

Have to agree with you. Sold my remaining position this morning. It'll be interesting to see what valuation the banks come back with on their properties. Maybe someone will want to buy this out ...more  
Post by flamingogoldon Nov 08, 2023 9:57am

Market cap $75M

A few of us here could buy this out.
Comment by flamingogoldon Nov 08, 2023 9:50am

RE:RE:Covid low of $1.12 taken out

True, but in March 2020 when the distribution was cut and this hit $1.12 no one was travelling... no one. What good are low rates when no one can travel?  At $1.46 pre-announcement much of this ...more  
Comment by tylerreddickon Nov 08, 2023 9:45am

RE:Covid low of $1.12 taken out

Interest rates were low back then and HOT wasn't facing refinancing at levels not even considered possible back then. Apples and oranges. Everyone knew labor costs/availability and general ...more  
Post by flamingogoldon Nov 08, 2023 9:40am

Covid low of $1.12 taken out

Remember a time when no one was travelling and the distribution was also 0. We are now trading below that. Welcome back panic.
Post by sollmgon Nov 08, 2023 9:38am

First 6 min of trading

House Bought Ave Sold Ave Net             7 TD Sec ...more  
Post by mbuchon Nov 08, 2023 9:32am

What did I tell ya?

Wow, worse than I thought actually...
Post by flamingogoldon Nov 08, 2023 9:24am

Mismanaged and misjudged

A 40% payout ratio and yet they are forced to cut to zero. Not their wish but by the beaten up bankers who lend to them. Debt needs to come down, first by the distribution suspension and then through ...more  
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