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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

Comment by flintabatteyon Feb 25, 2016 10:41am
142 Views
Post# 24593913

RE:RE:RE:Morguard not buying any time soon!

RE:RE:RE:Morguard not buying any time soon!I have been forced into "long" positions on several oil stocks, US, CDN and foreign, for example BEX, BTE, and BNK, however I believe they can weather the wait for 4-6 years, my estimation for the next resource bubble to begin. IMHO, Temple can't last this long. I am afraid in Q2 you will see holders of the "C" debentures begin to sell, happy with close to $100, then the price will crater, everyone fearful of the due date and no source of repayment. Morguard will buy, but not until the debt has been reduced, and/or they will cherry-pick assets and it will become an informal bankruptcy.
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