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Trez Capital Mortgage Investment Corporation Class A Shares T.TZZ

"Trez Capital Mortgage Investment Corp is a non-bank commercial mortgage lender. The company provides residential and commercial short-term bridge and conventional real estate financing that includes construction and mezzanine mortgages. It also provides its investors with strategies to invest in a variety of mortgage investment funds and investment assets. The company also finances for commercial properties throughout Canada and the United States."


TSX:TZZ - Post by User

Post by HomeTraderon Feb 11, 2016 7:59am
103 Views
Post# 24546855

Analyst Report

Analyst ReportI think that the stock is at a 52 week high, and nowhere near it's all time high, which I belive was $10.00 per share when TZZ went public. Given the deteriorating fundamentals of this company, it's hard to belive that it could go much higher( given earnings, cash flows etc...). The only brokerage that covers this stock is Scotia, and in a note yesterday, the analyst noted that with the disparate ownership of this stock, and the fact that the dissident group belives that they can bring together 18% of the stock, it is their opinion that the group's 3 independent shareholders get elected, and the company is eventually wound up. His official recommendation is Market Perform and an $8.25 target. Tough to say if this tock can go much higher wihout this group's buying power which has propelled the stock to these levels(they claim to have bough 50% of the stock over the last several months).
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