American Hotel Income Properties REIT 6 00 Convertible Unsecured Subordinated Debentures T.HOT.DB.V

Alternate Symbol(s): AHOTF | T.HOT.UN

American Hotel Income Properties REIT LP is a trust that invests in hotel real estate properties. The company's primary business is owning Premium Branded hotels, which have franchise agreements with international hotel brands including Marriott, Hilton, and IHG. It generates revenue from the room, food, beverage, and other revenue. The other revenue is comprised of conference room rentals, parking revenues, and other incidental income.

TSX:HOT.DB.V - Post by User

American Hotel Income Properties REIT 6 00 Convertible Unsecured Subordinated Debentures > HOT.un

<< Previous

Bullboard Posts

Next >>

Comment by flamingogoldon Sep 12, 2023 5:20pm

145 Views

Post# 35632528

RE:RE:HOT.un

I suspect a lot of stop losses were triggered at $2 and just below which accounts for the higher volume. However, the volume in nohwere near annual highs. Small cap stocks like this are easily manipulated. Looking at the chart, shorts were likely targetting sub $2 and they succeeded. The distribution, however, at a 50% payout ratio is very conservative and safe. Management was prudent to re-introduce it as such. Anyone screaming reverse split or "take it to the woodshed" is short and looking for blood.

If this can survive covid when NO ONE was travelling and almost no revenue, then it will survive an economic period of higher than average costs but also a return to pre-covid revenue.