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 > Sudden Surge in Price?

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Comment by flamingogoldon Apr 19, 2024 7:05pm

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Post# 35999066

RE:RE:RE:Sudden Surge in Price?

Earnings is May 8, could be some buying ahead of that. We will get an update on the status of the targeted dispositions in the portfolio.

Right now the best thing in our camp is 1) no recession and 2) management is taking all stock in lieu of of a salary, Ask yourself if you were on the board and thought this was a dead duck would you stay on and accept worthless stock instead of cash? The fact that we have not seen an exodus from the top brass indicates they see future value in the stock price. If they can turn the boat around they stand to make out huuuuge... more so than had they continued taking salaries.

Compypaul wrote:

ReitsRus wrote: Was thinking the same thing, I'm glad to see someone posting something of interest in here other than the same daily post, I'm hugely underwater on this!

Yeah, I'm down pretty significantly here too. I'm hanging on because I believe, as Flamingogold reasons, that there is some inherent value in these properties and that eventually, that value will be realized. I'm hoping today's movement is some indication of that.