TSX:HOT.DB.V - Post by User
Comment by
whodathunkiton May 08, 2017 6:31pm
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Post# 26218459
RE:RE:RE:RE:RE:RE:Sprott Small Cap Equity Fund
RE:RE:RE:RE:RE:RE:Sprott Small Cap Equity Fundwhodathunkit wrote: Don't forget they are somewhat protected with their reserve room clauses so there is a bit of a base to how low their occupancy rates will go.
Regarding previous comments about the USD to CDN shift, the reason they went to a USD payout is so that they wouldn't have to worry about the currency swing and the related hedging they were doing. I believe it is wishful thinking that we will return to the equivalent $0.90 CDN rate with-in the next 12 to 18 months unless the CDN dollar tanks. Meaning, I don't see a USD distribution increase during that period. They are building the business. They will want to conserve their cash flow for expansion.
Cheers.
As I said a year ago, the only way we get back to a $0.90 Cdn distribution is if the Cdn $ tanks...........and here we are. Nice that the Motley Fool is commenting on the increasing Cdn $ distribution. Did they mention the decrease in Cdn $ distribution when HOT went to a US $ based payout?
Cheers.