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Service Properties Trust T.SVC


Primary Symbol: SVC

Service Properties Trust is a real estate investment trust. The Company operates through two segments: hotel investments and net lease investments. It owns a portfolio of hotels and net lease service and necessity-based retail properties. The Company owns over 221 hotels with approximately 37,000 rooms or suites located in over 36 states, in the District of Columbia, Ontario, Canada and San Juan, Puerto Rico. It owns approximately 752 service-oriented retail properties with over 13.3 million square feet located in approximately 42 states. The Company’s net lease portfolio is occupied by over 175 tenants, which is operating approximately 137 brands in over 21 industries. The Company's net lease portfolio is leased to tenants that include travel centers, quick service and casual dining restaurants, movie theaters, health and fitness centers, grocery stores, automotive parts and services and other businesses in service-oriented and necessity-based industries.


NDAQ:SVC - Post by User

Post by 1hot-techwomanon Mar 21, 2016 1:19pm
244 Views
Post# 24684060

Turning point coming for Sandvine? $$$$

Turning point coming for Sandvine? $$$$Sandvine is doing really well. It made $41 million in profit last year on $123 million in revenue, a huge margin. According to its public documents, at the end of last year it was sitting on more than $140 million in cash. In fact, Sandvine has so much cash, it doesnt know what to do with it all. Its run a share-buyback program for years, using company money to pull its own stock out of the market and drive up the price. Last January, the company announced it was starting to offer a dividend, cash from the companys treasury going to its shareholders totalling $10 million a year. Sandvine intends to keep growing but it assures investors that things are going so well that it can totally do both that and pay the dividend. It bought a Dutch company with related technology last August for $10 million and just announced its picked up one in Switzerland for an undisclosed amount. Sandvines cashflow can still support all growth initiatives, the company told investors in January. Those initiatives include the thing were helping pay for: a project to move the network-control services Sandvine offers into the cloud, making them much easier to sell, deploy, manage and change. Interesting Times indeed boyzzz.....they sound pretty confident going into Q1 making comments like that! :)
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