Wall Financial Corp T.WFC

Alternate Symbol(s): WFICF

Real Estate Real Estate - General

Wall Financial Corporation is a Canada-based real estate investment and development company. The Company is focused on development and management of residential and commercial rental units, development and construction of residential housing units for sale and development and management of hotel properties. Its segments include ownership and management of revenue-producing residential and commercial properties (Rental), ownership and management of hotel properties (Hotel), and the development and sale of residential housing (Development). Its properties include The Beginnings at Peter Wall Mansion, Granville Skytrain Station, 1050 Burrard at Wall Centre, Wall Centre Richmond, Wall Centre Vancouver, Crofton Lands, The Trails Phase 2, Wall Centre Burnaby, 1105 Seymour, Hornby & Drake, Hastings & Gore, Ivy on the Park, Strathcona Village, York Theatre, Wall Centre False Creek, The Capitol Residences & Music School, Yaletown Park, Electric Avenue, and Metropolitan Towers.

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Wall Financial Corp > wynner: RE $97mm dividend being DUMB

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Comment by malx1on Dec 21, 2023 1:49pm

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Post# 35796115

RE:RE:RE:RE:wynner: RE $97mm dividend being DUMB

wynner wrote: The float is 6.7 million.

My pre-kindergarten math says they could buy those chickens for $140 million + . That is if they keep buying in the market at $20.

Like semi-semi private already fam.

I'll see that math and raise you two birds in a bush.

Best use of capital here was either SUB, $100mm buyback at $21/sh, or pay down debt.

Yes, wonderful assets but poor judgement in part of BOD to pay out dividend right before borrowing costs tripled.

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