Invesque Ord Shs T.IVQ

Alternate Symbol(s): MHIVF | T.IVQ.DB.U | T.IVQ.DB.V

Invesque Inc. is a health care real estate company. The Company owns a portfolio of North American properties across the health care spectrum. The Company invests in a portfolio of predominantly privately paid senior housing communities. The Company's portfolio includes investments primarily in independent living, assisted living, and memory care, which are operated under long-term leases and joint venture arrangements with industry operating partners. The Company's portfolio also includes investments in owner-occupied seniors housing properties in which the Company owns the real estate, the licensed operations, and provides management services through Commonwealth Senior Living, LLC. It owns a portfolio of over 56 properties in the United States, comprised of 53 assisted living and memory care facilities and three skilled nursing facilities. In Canada, the Company owns an interest in four seniors housing assets.

TSX:IVQ - Post by User

Invesque Ord Shs

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Post by Sunnyboyon Aug 14, 2018 7:52pm

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Post# 28460904

Q2 2018

Super numbers IMO. Q1 FFO/unit of $0.29 USD ( Payout ratio 63.5% improved from 68.2% in Q1) and AFFO/unit of $0.25 USD ( Payout ratio 73.7% improved from 80.1% in Q1).

Again if this would trade at the same multiple to AFFO as NWH.UN, IVQ.U would be trading at around 11.50 USD while having a better payout ratio.I am long and IMHO this will fly at some point.

RBC rates it as a buy (close to strong buy) and outperform. The one year target from analysts RBC lists is $10.00USD to $12.80 USD….

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