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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

Comment by mvgfwdon May 04, 2016 10:41am
173 Views
Post# 24840338

RE:Concerns started when they received grants from government..

RE:Concerns started when they received grants from government..I agree with you to a point PFM. There are a couple points to be concerned about such as the Wynne and her cronies shelling out taxpayer $$$$, Brad (douchebag) Sim selling off shares and the lack of any recent PR's of substance. However, there are also positive points to be highlighted here. The company has accumulated cash of over $195 million, which represents $1.35 of the current 2.64 share price. They are on a streak of posting profits quarter after quarter and their sales figures have been rising. Taking the current share price of $2.64; what the market is saying is that Sandvine's profitable business with $100 million + annual sales, its 300 global customers, market leading products, patented technologies and strategic partnerships with global leaders like IBM is only valued at $1.30 per share or approximately $188 million. With the other $1.35 of the share price is cash. I have to believe that Sandvine's business is worth at least twice that amount which would place the SP at $4.00 minimum. Any comments on this reasoning are welcome. GLTA
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