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Bullboard - Stock Discussion Forum Temple Hotels TMPHF

Temple Hotels Inc owns hotel real estate in primary and secondary markets across Canada. Its segments include Fort McMurray, Other Alberta, and Other Canada. The properties portfolio of the company include British Columbia Properties, Alberta Properties, Saskatchewan Properties, Manitoba Properties, Ontario Properties, Nova Scotia Properties, and Northwest Territories Properties among others. see more

Bullboard (GREY:TMPHF)

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Post by Ikaruson Aug 24, 2016 11:05pm

Ooops ... prior message was in k not in millions

Sorry, I'm half drunk here. ie: debs total 136 million. Now where's the valuation at when the commons are wiped out? An' just how many debs does Snorguard own? vs. Commons? Ikarus
Post by Ikaruson Aug 24, 2016 10:52pm

Magical

ok .. ok ... I had Rainman888 check into the debs -- LMAO ... Here's what he's got so far (ok, it wasn't really him) The following chart reflects the face amount, interest rate (payable ...more  
Post by Ikaruson Aug 24, 2016 10:34pm

Breach of Debentures

lol... Hi rhand et all .... :) Don't look now, but there's a goddarn big debenture due next july here! - lol. Ask the people of WEQ. Someone look into that, please. Ikarus
Comment by Matlockon Aug 23, 2016 8:58am

RE:RE:RE:RE:RE:Breach of Covenants

But righand, you already crunched the numbers in May! May 6 - you post that "fair book value should be in the $2 range" May 6 - you speculate that a fair offer for Morguard to buy out TPH ...more  
Comment by righand2on Aug 23, 2016 8:49am

RE:RE:RE:RE:RE:RE:Radisson

Fort Mac may have a 90% occupancy rate, but you had better not be using that for the entire portfolio.
Comment by jay6812on Aug 23, 2016 1:46am

RE:RE:RE:RE:RE:Radisson

Using this quarter's data with occupancy rate 61% and cash flow of 4.1mm x 4, assuming it goes up to 90% for 2 years and come back down to 80% for 3rd year, 70% for 4th and 5th year, then went ...more  
Comment by righand2on Aug 22, 2016 11:12pm

RE:RE:RE:RE:Radisson

I agree completely. But even with improved results from Fort Mac, what share price does the cash flow support? A cap rate of no less than 8% would seem reasonable, so TPH would have to cash flow about ...more  
Comment by jay6812on Aug 22, 2016 9:54pm

RE:RE:RE:Radisson

I think the valuation of the company is based on its earning's power, not necessarily the book value. If the net earnings and discounted cash flow goes up, the valuation of the company will change ...more  
Comment by righand2on Aug 22, 2016 6:25pm

RE:RE:Radisson

No doubt the operating numbers will be better, but the fact is that after subtracting all of the debt and other liabilities, there isn't much left over for the common shareholders, only about 25 ...more  
Comment by jay6812on Aug 22, 2016 6:10pm

RE:RE:RE:RE:RE:Breach of Covenants

If Morguard buy us out, would they want to drive the share price down instead of up?
Comment by jay6812on Aug 22, 2016 6:07pm

RE:Radisson

Yes, but all other Fort Mac hotels' "near full occupancy" results will be included in Q3 numbers which will be released in Nov. Hopefully some insurance claims can be resolved in Q3 as ...more  
Comment by righand2on Aug 22, 2016 6:00pm

RE:RE:RE:RE:Breach of Covenants

If oil went back to $100, your hopes might be fulfilled. Otherwise, Alberta will continue to drag down TPH's results, even with a busy Fort Mac. Morguard will likely buy us out, but they aren' ...more  
Post by KnowledgeSeekr8on Aug 22, 2016 3:27pm

Radisson

I had a look at the Radisson's facebook page and it looks like they will not be reopening until mid to end of Sept. This means that there will be no impact of their largest hotel in Fort Mc until ...more  
Comment by micromikeon Aug 18, 2016 3:53pm

RE:RE:RE:RE:Breach of Covenants

If Morguard thinks that they are way undervalued. Then why wouldn't Morguard just buy out the shares they don't own??  On the other hand if they don't like what they see then they ...more  
Comment by KnowledgeSeekr8on Aug 18, 2016 11:37am

RE:RE:RE:Breach of Covenants

Agreed, I don't think that the current investors (especially Morguard) would be happy with $1.10 per share. There is potential for a recovery in the next 12-18 months to at least $2.00 I think ...more