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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Bullboard - Stock Discussion Forum Summit Industrial Income REIT Unit SMMCF

Financial Services Real Estate REIT - Industrial
Summit Industrial Income REIT is a Canada-based mutual fund trust. The Trust is involved in the commercial leasing of real estate property with property locations in Ontario, Western Canada, Quebec and Atlantic Canada. The company is focused on the light industrial sector of the Canadian real estate industry.

Bullboard (OTCPK:SMMCF)

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Comment by bychoiceon Feb 24, 2023 10:55am

RE:RE:special distribution

Unfortunately, I read your post today!! The disposition of my 1000 shares is as follows ($16 500 dividend)
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Discussion
Comment by SargeXon Feb 17, 2023 1:29pm

RE:RE:RE:special distribution

Hey CSC How she go? Excellent stuff on how you have handled theSMU take-over. Totally agree that it wouldn't have been worth messing around vs your Monday sell. You actually really timed that ...more  
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Discussion
Comment by SargeXon Feb 17, 2023 11:44am

RE:special distribution

I was thinking of buying at $23.25 near the end of the day yesterday but wasn't sure how this was going to work today. I'm sad I didn't as SMU is obviously trading as usual today. I think ...more  
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Discussion
Post by bychoiceon Feb 17, 2023 11:09am

special distribution

How much will this special distribution be? I hope that it is not too much or the $23.50 won't teally be $23.50 after the tax is paid on the distribution
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Discussion
Post by junglejameson Feb 17, 2023 8:52am

all done except for the pay-out

- most likely the cash will not flow to Summit shareholders until at least 2 days after the delisting so maybe by Feb 23 it will show-up in our accounts.  Sad to see this one go (I already hold ...more  
238
Discussion
Comment by BBAccount001on Feb 16, 2023 11:41am

RE:RE:RE:RE:RE:RE:Deal to close around Feb 17!

Thanks for the tax advice. I'm also out at 23.30
75
Discussion
Comment by bcscon Feb 13, 2023 1:06pm

RE:RE:RE:RE:Deal to close around Feb 17!

I believe he is refferring to the amount that will be reported as Other Income rather than Capital Gains and therefore taxed in full at your marginal rate.
96
Discussion
Comment by dangoodon Feb 12, 2023 1:15pm

RE:RE:RE:Deal to close around Feb 17!

I'm ready for it. I had AGF in its substantial issuer bid and Economic Investment Trust (EVT). Both triggererd substantial dividends and capital losses. Now to generate some capital gains to ...more  
103
Discussion
Comment by DanGood38on Feb 08, 2023 12:49pm

RE:Deal to close around Feb 17!

Free lunch. I wanted to buy more over the past week but my price was too low. Oh well. But I did buy some more at $23.25 today so I am happy. You can still get a burger somewhere for 25 cents can' ...more  
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Discussion
Post by junglejameson Feb 08, 2023 7:50am

Deal to close around Feb 17!

Mr. Paul Dykeman reports SUMMIT INDUSTRIAL INCOME REIT ANNOUNCES RECEIPT OF INVESTMENT CANADA ACT APPROVAL AND ANTICIPATED CLOSING DATE FOR ARRANGEMENT WITH GIC AND DREAM INDUSTRIAL REAL ESTATE ...more  
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