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Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

Alternate Symbol(s):  ARESF | T.AX.UN | T.AX.PR.I

Artis Real Estate Investment Trust is an unincorporated closed-end REIT based in Canada. Artis REIT's portfolio comprises properties located in Central and Western Canada and select markets throughout the United States, including regions such as Alberta, British Columbia, Manitoba, Ontario, Saskatchewan, Arizona, Minnesota, Colorado, New York, and Wisconsin. The properties are divided into three categories: office, retail, and industrial. The industrial properties account for most of the portfolio, followed by the office properties and the retail properties.


TSX:AX.PR.E - Post by User

Comment by Warrior99on Dec 11, 2018 11:47am
35 Views
Post# 29097333

RE:It's really a joke

RE:It's really a jokeYup, but CUF and Dream signalled the "strategic review" in advance, in fact well in advance.

AX, did the opposite! "4.4$+ Million liar" annouced that "there is not even discussion of dividend cut" and promised "to work patiently(!!) to get payout ratio back in line". etc.

What did AX do? "$4.4+ Million swindler" cut the dividend by 50%, and when pressed how he came up with the size, even admitted that it was "hard work deciding how much to cut", as allegedly there were models ran in 44%, 50%, 56% etc. all kinds of "cut" scenarios.

AX blatantly lied, ie. effectively defrauded investors and public, and once the trust is lost, it ain't coming back based on some charades of the same poeple still performing them.

Once they clean the house, like CUF did, starting with the $4.4 Million swindler, then the reaction (hopefully) to the true efforts to recoup some SH value lost will start being noticed.

snakeplisken321 wrote: The very day, Dream Office, and Cominar, announced their shift and "strategic" plan, stocks popped big time, a full $1 or $2.  Artis did exactly the same announcement, and stock cratered like no tomorrow. 


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