TSX:TNT.UN - Post by User
Post by
giovincoon Nov 13, 2024 4:32pm
93 Views
Post# 36311139
I'm out
I'm outWow, DD is a real dictator. Riocan achieved over 12% in lease spread so DD not doing a good job. What is his educational background? Very curious to know, how unqualified he is to run a company as it does not seem that he majored in business. Let the professionals run the company. Just because you inherit money from your parents, it does not mean you are qualified or capable of anything unless you prove otherwise. What a spoiled little kid he is, just like Mark Morabito.
He keeps saying if operating and market conditions improve. Here we are with the rallying market yet nothing for tnt.un.
I was a fool to wait a year to expect a distribution, now I am out.
Stock price would improve if the distribution was reinstated vs. the buyback continuing, so not sure what is in the best interest of the shareholders. It does not make sense as a shareholder to want buybacks as share price continues to decrease with that. Those are people who are hired as part-time posters. Buybacks would decrease market capital and it is used for downsizing companies with high risk for bankruptcies, normal company would not do that.
I will consider my loss as unluckily stepping on a dog (DD) poop.