TSX:WRK.DB.K - Post by User
Comment by
canadafanon Aug 14, 2009 10:07am
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Post# 16218954
RE: Whiterock Advisors: Unleashed!!!
RE: Whiterock Advisors: Unleashed!!!You seem to have a vindictive approch to the WRK management team & WRK as a whole.
or perhaps you just enjoy being a doubting Tomas
The 310 hendersaon was never of f the books and they said so. It was removed as a core asset, until it was leased.
Essentially they made it work............
Now bottom line on everything is making $$$$
I am not invested in WRK or any other company to micro manage the business ( that is what management is paid to do).
What I look for is end of Month/Quarter/year results and results that match expectations.
RioCan BTW for years has done deals and cross deals & convoluted deals called mezzien finnacing.
Bottom line for me is WRK at the end of the day is doing fine.
Bottom line for anyone else should be:
Are you satisfied with the return/risk ration of the investemt, if si then buy or hold
if you are not satisfied with the risk/return ratio of the investment then do not buy or sell.
Jason Underwood BTW holds 198000 unis of WRK , that is over 3.5 million $$$ worth. As the CEO & major share holder he would have the best interest to continue the yeild and raise the price as would anyone else in that position.
I have no doubt that the new shadow company is probably the partner with WRK on the newest Toront deal.
I do ot know that to be a fact, nor do I care. WRK does not have the cash flow to do this itself (yet) and if a deal con come together that the mangers own a part of , all the better,They will make it work!