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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 b2e2r2n2on Jun 02, 2017 6:33am
230 Views
Post# 26315179

Opportunity Loss

Opportunity LossStuck with this company for years through the good and bad in the hope a break out would occur. Firmly believe we are on the cusp of this happening and the reward for the loyal longs is a slap on the face by management and Board if this company sells for $3.80 a share. Until recently revenues for the quarters of $32-$35 million were generated via significant contracts from major players in the cable sector. Due to consolidation, those contracts have dried up and have been replaced by stable reoccurring revenues at the $31 million mark from the 300(+) customer base to build on. Shareholders will not be participating in the imminent growth. If this is our last kick at the can then I will be voting NO to Scalers offer in the hopes Management will be forced to seek out a better deal. As shareholders we want a better premium for the low hanging fruit that Scaler wants to harvest! The deal may be a slam dunk for Scaler and Sandvine; but shareholders should not make it easy for management and the Board to walk away that easily without being compensated for our loss of opportunity! $3.80 simply doesn't cut it!
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