True North Commercial REIT T.TNT.UN

Alternate Symbol(s): TUERF

True North Commercial Real Estate Investment Trust (the REIT) is a Canada-based unincorporated, open-ended real estate investment trust. The REIT is primarily focused on creating value for unitholders through the investment in and ownership of commercial properties in Canada. The REIT’s primary objective is to maximize total returns to its unitholders. Its returns include a stable, reliable, and tax-efficient monthly cash distribution as well as long-term appreciation in the value of its units through the effective management of a portfolio of commercial properties. The REIT owns and operates a portfolio of about 40 properties consisting of approximately 4.6 million square feet in urban and select strategic secondary markets across Canada focusing on long-term leases with government and credit-rated tenants. Its properties include 36 and 38 Solutions Drive, 500 Beaverbrook Court, 61 Bill Leathem Drive, 675 Cochrane Drive, and 1112 Fort Street, among others.

TSX:TNT.UN - Post by User

True North Commercial REIT > Market Reality

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Comment by Ponzihunteron Nov 13, 2023 2:09pm

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Post# 35732483

RE:RE:RE:RE:RE:RE:Market Reality

Is "hope and pray" really the investing strategy that should apply to this kind of company? Just the fact they've already allowed the market to bring us here should be enough to make the next moves pretty obvious. Like I suggested before, . . . total suspension of dividend . . . allow stock to linger sub $1 for a month or two . . . 10:1 consolidation . . . another month or two of doing nothing . . . then a "take private" offer for less than half of today's trading price. Am I the only person who's watched this exact scenario play out, over and over again. You need to get this: the TSX is a "mickey mouse" market. It trades in CDN$, which is a currency that's severely discounted to all other G20 currencies, and in fact, most currencies . . . period. And . . . and this is a big "and" . . . we are totally unregulated. The OSC has no teeth, and no interest in regulating anything. Wake up; this is the deal here. (2 hours left for TNT.UN to enjoy $1+ pricing . . . and then . . . it's done.)

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