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Temple Hotels TMPHF

Temple Hotels Inc owns hotel real estate in primary and secondary markets across Canada. Its segments include Fort McMurray, Other Alberta, and Other Canada. The properties portfolio of the company include British Columbia Properties, Alberta Properties, Saskatchewan Properties, Manitoba Properties, Ontario Properties, Nova Scotia Properties, and Northwest Territories Properties among others.


GREY:TMPHF - Post by User

Post by flintabatteyon Feb 24, 2016 5:04pm
212 Views
Post# 24591381

Morguard not buying any time soon!

Morguard not buying any time soon!Let's face it, the economic climate is not too great in Canada, especially in oil-related areas, so why would Morguard buy this company? I would suggest, when the debentures start nearing maturity, starting with the first batch in December 2016, and there is no sinking fund to repay them, and the sp is so low it would be a death-bell to issue stock, similar to a rights offering, a last ditch attempt to retain solvency, then Morguard will make its bid, but it won't be at face value, debenture holders will be lucky to get $0.50 on the dollar, common shareholders, zilch. Get out now!!!
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