American Hotel Income Properties REIT 6 00 Convertible Unsecured Subordinated Debentures T.HOT.DB.V

HOT.UN reminds me of another stock

[hroark7]

See if this sounds familiar...

About 4 years ago, I bought a couple of stocks (TN.UN and NPR.UN) that became Northview REIT (NVU.UN).

At the time, the stock was getting hammered because it was going through the growing pains of the huge acquisition/merger between the two companies, it kept on getting sold down until the yield was over 10%.

Yet all that time, I kept on buying NVU.UN all the way down because it was investing in itself, it was renovating it's apartments and charging more for the newly refurnished units. The stock was far below book value, the stock was massively undervalued compared to book value, and it was only a matter of time before the long term investments paid off.

NVU.UN last week announce earnings and it knocked it out of the park, for the 6th quarter in a row. The stock has been basically going up the last 2 years, and my position in NVU.UN alone grew into the 7-figures, of which I now have a yield-on-cost of almost 10% and collect almost 6-figures in distributions per year.

So in summary, NVU.UN:
1. Big acquisiton
2. Long term investments in renovations
3. Stock sold down and became massively undervalued with a high yield
4. Long term investments pay off
5. Stock goes up as earnings goes up

So far, HOT.UN:
1. Big acquisiton
2. Long term investments in renovations
3. Stock sold down and became massively undervalued with a high yield

It's only a matter of time before 4 and 5 happen. What we're really talking about here is the execution risk of 4 and 5 happening. If you're bullish, you'll be buying like crazy, if you're bearish, then you'll be selling and moving on somewhere else.

You pay your money and you take your chances.