Timbercreek Financial Corp T.TF.DB.F

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

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.

TSX:TF - Post by User

Timbercreek Financial Corp

<< Previous

Bullboard Posts

Next >>

Post by MyHoneyPoton May 09, 2024 10:19am

340 Views

Post# 36030998

TF - Fantastic First Quarter

TF has a book value of 8.39 a share and every knows it should be trading at book value at least.

I am surprized they have not go a takeover off at $8.40, it would be good for the shareholders and a cheap acquisition and injection of capital for another lender.

9.35% return, plus last year got a bonus payment, what wrong with the markets?

This company has $8.40 in cash for every share?

Way to cheap, and it like buying a GIC professionally managed with a 22% upside near term potential.

9.3% interest + 13% capital gain.

IMHO

<< Previous

Bullboard Posts

Next >>

Pinnacle Silver & Gold: A promising precious metals investment