Slate Grocery REIT T.SGR

Primary Symbol: T.SGR.UN Alternate Symbol(s): SRRTF

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Slate Grocery REIT (the REIT) is a Canada-based open-ended mutual fund trust. The REIT focuses on acquiring, owning, and leasing a portfolio of grocery-anchored real estate properties. The REIT has a portfolio that spans 15.2 million square feet of GLA and consists of 116 critical real estate properties located in the United States of America. The REIT owns and operates real estate infrastructure across United States metro markets. The Company's properties include Centerplace of Greeley, River Run, Sheridan Square, Flamingo Falls, Northlake Commons, Countryside Shoppes, Creekwood Crossing, Skyview Plaza, Riverstone Plaza, Fayetteville Pavilion, Clayton Corners, Apple Blossom Corners, Hillard Rome Commons and Riverdale Shops, Hocking Valley Mall, North Lake Commons, Eastpointe Shopping Center, Flower Mound Crossing, North Augusta Plaza, among others. The REIT's investment manager is Slate Asset Management (Canada) L.P.

TSX:SGR.UN - Post by User

Slate Grocery REIT

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Comment by Avocadopiton Mar 29, 2012 10:15am

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Post# 19732726

RE: RE: SGR,Second Consecutive Quarterly Profit

As described in my Post #29153 on 1/22/2011 SGR is pricing out the head and shoulders top. Target price is $1 a share. Currently $1.25, only 25 cents to go. Most likely to overshoot to maybe 80 cents/share, which might make it a screaming buy, but only if management can figure out how to increase the grade at the head. Or the tonnage.

I'm watching it drop, hoping I've got the resources at about the same time it hits 80 cents or so.

Andy

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