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Slate Office REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026 T.SOT.DB

Alternate Symbol(s):  SLTTF | T.SOT.UN | T.SOT.DB.A | T.SOT.DB.B

Slate Office REIT (the REIT) is a Canada-based global owner and operator of workplace real estate. The REIT is an unincorporated, open-ended real estate investment trust. The REIT owns interests in and operates a portfolio of real estate assets in North America and Europe. The REIT's portfolio is primarily comprised of government and credit tenants. The REIT's portfolio consists of approximately 54 commercial properties located in Canada, the United States and Ireland. The REIT's Canada operations include Atlantic, Ontario and Western. The REIT is externally managed and operated by Slate Management ULC.


TSX:SOT.DB - Post by User

Post by northcoaston Apr 02, 2019 7:56am
103 Views
Post# 29568173

This is a great stock right now

This is a great stock right nowSlate Office REIT has so many qualities that are aligned to make this a great investment. It has taken strong measures to reduce it's debt, and now it offers a very healthy dividend, strong growth prospects by improving its balance sheet, an excellent P/E ratio, trading under book value, all at a time when REITs are in favour again in this low interest rate environment. This is a well-priced stock well postioned for an easy near-term 10% gain plus dividends over 6.5% monthly. Investors are choosing this as the wrong stock for day-trading. It should be a buy-and-hold until at least the end of this month, or better yet, late summer. 
   Snakeplisken, commentator, you are not doing yourself or others any favours by bashing your own investment. Think about it. Vent out your frustrations with your poor choices elsewhere and be patient. Take a loss if you have to for psychological reasons and move on to somethng like Encana or Lundin if you like volume with a good day-trading investment. I do both. 
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