TSX:HOT.DB.V - Post by User
Post by
ArbProfiton Jul 30, 2019 4:17pm
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Post# 29976585
Don't get too excited
Don't get too excitedThe CEO said they discussed buying back shares, but that they would not do so at current levels. (30% below where it was trading 2 years ago) They know that the shares are not significantly undervalued. $7.25-$7.75 is as high as this one goes for quite some time, but that would still be quite good with the dividend.
They have a lot more to prove before real money buys. We're in an environment where anything with yield is climbing daily, but not Hot.un.