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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 BlueCollar51on May 17, 2016 5:20pm
176 Views
Post# 24882769

For What It’s Worth

For What It’s WorthI sold all my TPH shares and Debentures today for a small profit on them all.
 
As they say you won’t go broke taking profits (albeit small).
 
For me there is just too much uncertainty re the Fort McMurray properties and the financial consequences.
 
This “BEAST” of a Fire is not done…
 
It will likely take a “Monsoon” rain event to put the thing out. Until then it will continue to grow in whichever direction the wind takes it.
 
Fort McMurray today is basically uninhabitable due to the air quality and the risk of Houses and Buildings to blow up. It’s a very dangerous place.
 
Until such time that it is safe for Temple to assess the damage and start doing something about it the properties will not fix themselves; it will only get worse….
 
Good Luck To All That Chose To Ride This Out !!
 
As Always; Do Your Own Due Diligence; It’s Your Money !!
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