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Wall Financial Corp T.WFC

Alternate Symbol(s):  WFICF

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.


TSX:WFC - Post by User

Comment by wynneron Feb 10, 2024 4:14pm
46 Views
Post# 35874008

RE:RE:RE:RE:$27.50 the silliness continues ....

RE:RE:RE:RE:$27.50 the silliness continues .... C'mon mal x .
We know what happened don't we?
The shorts covered and then they had to sell. So I sold to them and then bought from them.

Future dividends. MD&A Dec 2023.


DEVELOPMENT PROPERTIES

The asset value of properties under development for sale increased from $151,395,224 as at January 31, 2023 to $170,365,130 as at October 31, 2023 due to the purchase of 12 residential strata units and development costs incurred.

Losses before taxes from properties under development for the three and nine months ended October 31, 2023 were $129,430 (2022 - earnings of $1,407,853) and $621,192 (2022 – earnings of $4,676,853). Earnings in the current period were lower than the prior period due to carrying costs being expensed in the current period and the sale of condominium units at Ivy on the Park during the three and 9 months ended October 31, 2022.


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