TSX:HOT.DB.V - Post by User
Comment by
bcscon Nov 10, 2020 10:51am
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Post# 31869982
RE:RE:RE:Results are out
RE:RE:RE:Results are outFrom the Q3/20 press release:
Loss and comprehensive loss for the third quarter was ($12.1) million , compared to net income and comprehensive income of $2.1 million in Q3 2019, SeekAlpha81 wrote: I agree it wasn't the perfect quarter but they were still making money!!! The stock is down 65pct and being able to survive and even turn a profit in this environment is spectacular. The hotels that make it out of this will be laughing when things open back up, and all of that pent up travel demand kicks in! I can see them reinstating the 0.07 dividend sometime next summer when people are vaccinated and life returns to normal,that's over a 30pct yield.
GLTA!