TSX:HOT.DB.V - Post by User
Post by
Beabaggageon Nov 07, 2014 1:38pm
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Post# 23107538
adding here at 10.18CA, 8.95US..
adding here at 10.18CA, 8.95US..added a little for yield here, like the company's growth strategy, low cost borrowings at low rates for long lock in periods, commitment to branded hotels , commitment to a core strategy of hotels w transportation locales/tie ins, contracts w rail companies in its core biz and potential to grow revpar, other rev thru occupancy etc. also in US gives me more exposure to undervalued (imo) loonie and great current yield of almost 9%. w rails adding more and more trains, backlogs in o/grains etc there is potential in the core rail support biz to grow dist imo from current .075mo CA. glta. Bea