TSX:AX.PR.E - Post by User
Post by
garyreinson Oct 01, 2024 9:44pm
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Post# 36249432
Q3 the biggest yet for Artis
Q3 the biggest yet for ArtisWhat we do know-
- FCR was probably all liquidated since it SURGED past few months.
- 3-4 quarters of strategic review asset sales should have mostly closed and cash on books....what was it like 800m gross?
- NCIB almost complete by Nov at ~80%
- Strategic review costs in Q2 was somthing like 400-500k. What will it be in Q3?
- I hear MAIN should have increased NOI
This is going to be a big quarter. If after all the things outlined above we're still getting mediocre AFFO and balance sheet improvement (due to NAV writedowns), it will not be good.
This is a make or break moment for artis reit.
NOV 7. TWO DAYS AFTER THE ELECTION. THAT WEEK IS GOING TO BE LIT.