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Tricon Residential Inc T.TCN.DB


Primary Symbol: T.TCN

Tricon Residential Inc. is an owner, operator, and developer of a portfolio of approximately 38,000 single-family rental homes in the United States Sun Belt and multi-family apartments in Canada. The Company provides rental housing options for families across the United States and Canada through its technology-enabled operating platform and on-the-ground operating teams. The Company's segments include Single-Family Rental, Adjacent Businesses, and Strategic Capital. The Single-Family Rental business includes owning and operating single-family rental homes primarily within major cities in the United States Sun Belt. Its Adjacent Businesses include multi-family rental and residential development. Its multi-family rental business segment includes one Class A high-rise property in downtown Toronto known as The Selby. Through its Strategic Capital business, the Company provides asset management, property management and development management services.


TSX:TCN - Post by User

Bullboard Posts
Post by Meekyon Feb 28, 2016 6:34pm
296 Views
Post# 24603801

Spoke with the CFO

Spoke with the CFOI spoke with Wissam (CFO) a couple of times in the last month. He had assured me that the company is stronger than ever with the NAV growing everyday, no major funds are selling that he is aware of and the ones he has been in contact with are content with the direction of the company. He said it is frustrating to see the stock declining and said for me to sit tight until Q4 release on the 10th March; apparently, lots of good things are to be expected. I heard they will announce a share buy back. He did say some folks are confused with their properties in Texas thinking oil prices had impacted them and it is the exact opposite. On that note think of it this way, we are getting a Canadian stock making America dollars. GLTA
Bullboard Posts