Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
News Focus
Nextech3D.ai Announces First New Customer Win For its AI Powered Photography Studio (click to learn more)
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Temple Hotels TMPHF

Consumer Cyclical Leisure
Temple Hotels Inc owns hotel real estate in primary and secondary markets across Canada. Its segments include Fort McMurray, Other Alberta, and Other Canada. The properties portfolio of the company include British Columbia Properties, Alberta Properties, Saskatchewan Properties, Manitoba Properties, Ontario Properties, Nova Scotia Properties, and Northwest Territories Properties among others.


GREY:TMPHF - Post by User

Temple Hotels > Ownership cross pollination
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(16)
•••
Comment by HermannHalleron Apr 09, 2019 2:39pm
122 Views
Post# 29603247

RE:RE:RE:RE:Ownership cross pollination

RE:RE:RE:RE:Ownership cross pollination
You're double counting. Morguard owns 71% TPH, Armoyan owns another 10%. Armoyan, through CKI, is also the biggest shareholder in HLR.

From a TPH shareholder perspective this means two things:
  • two smart, experienced hotel investors just confirmed that TPH is good value at $1.75
  • With three companies involved, all with hotels in Canada, it seems there is potential for a business combination. Presumably MRC the biggest would be buying out TPH, the smallest, and likely HLR too.
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities