Slate Grocery REIT T.SGR

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

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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Post by dogwagon Oct 10, 2012 5:07pm

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Post# 20470596

COMPARING BRD TO SGR!!!

I was trying to compare these two companies and this is what I come up with.I was looking to buy either BRD or SGR.Brd has a market cap of 225 million and sgr has a market cap of about 340 million.BRD owes about 125 million dollars (50 million debenture and 12% goldstream value about 75 million)This would put both companies on fairly even terms EXCEPT SGR has 25 million in cash.(NO DEPT).so if SGR produced 19,500 ounces as did BRD in the 3rd quarter then SGR should be the better deal!!!SGR will produce over 30,000 ounces this quarter and should be on target for 100,000 ounces this year.All in all,I decided to buy SGR as I believe they will get a pop from their 3rd quarter results and are about 1 year ahead of BRD in production terms.Thoughts,Digger??P.S. I think both companies are growth plays.

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