Timbercreek Financial Corp T.TF

Alternate Symbol(s): TBCRF | T.TF.DB.D | T.TF.DB.E | T.TF.DB.F

Timbercreek Financial Corp is a Canada-based non-bank, commercial real estate lender providing shorter-duration, structured financing solutions to commercial real estate investors. The Company is focused on providing structured financing solutions to real estate owners and investors and acts as an alternative asset class investment manager. The investment objective of the Company is to secure and grow a diversified portfolio of mortgage and other loan investments, generating an attractive risk-adjusted return and monthly dividend payments to shareholders, balanced by a strong focus on capital preservation. The Company focuses primarily on lending against income-producing real estate such as multi-residential, retail and office properties. It fulfills a financing requirement that is not well serviced by the commercial banks: primarily shorter duration, structured financing. It works with borrowers throughout the terms of their mortgages to ensure that their capital requirements are met.

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Timbercreek Financial Corp > Trading significantly below Book Value

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Post by MyHoneyPoton Dec 05, 2023 9:47am

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Post# 35768751

Trading significantly below Book Value

This stock is trading significantly below book value, and as soon as interest rates come down the stock is going to jump in price.

With the current return of 10.39% it like buying a 20 year bond and getting 10.39% return, you will never get that from a bond.

Super cheap i am buying bigtime for my TFSA.

IMHO

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