TSX:AX.PR.E - Post by User
Comment by
Frankie10on Jun 09, 2023 4:08pm
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Post# 35489198
RE:RE:LISTENED TO ANNUAL MEETING Q & A
RE:RE:LISTENED TO ANNUAL MEETING Q & A Like I said, it will be interesting to see what assets are included in held for sale as at the end of Q2... assuming we disclose the composition of assets held for sale as we have historically.
things will get very interesting should Manji decide to sell more than the publicly disclosed disposition annual target. I hope he unwinds the leverage aggressively, knowing he can ramp it all the way back up and potentially buy an huge stake in another REIT once the macro improves. I hope he dosnt lose that Q1 conference call confidence.
He royally goofed on the debt, but I still believe in his vision. Brilliant thesis, horrible timing - in a market that I don't think ever understood what he was trying to build.