TSX:TNT.UN - Post by User
Comment by
EstevanOutsideron Nov 17, 2024 2:26pm
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Post# 36317232
RE:I'm out
RE:I'm outbuying back is the smartest thing he can do right now. it's a gift to buy back at these levels while continuing to dispose of select assets.
end game will be much brighter as office market liquidity improves as do leasing fundamentals.
i might start buyin again soon but ill wait a bit longer.
personally like what tnt is doing and see they have a few assets for sale, but underestimated how bad sentiment would get in the space. i do however, get the sense, sentiment is improving.
giovinco wrote: Wow, 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.