Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

INSIDER BUYS POSTED TODAY

[SNAKEYBOY]

Looks like the top dawgs are filling their cup before the NCIB starts at these bargain basement prices!

Filed 2022-11-18 18:02   Tx date 2022-11-17	$AX Artis Real Estate Investment Trust	Manji, Salim 6 - Director or Senior Officer of 10% Security Holder Holder: Salamat Investment Corporation (Control or Direction)	Units 10 - Acquisition or disposition in the public market	$92,250 +10,000 vol $9.22 each	2,372,525
Filed 2022-11-18 18:02   Tx date 2022-11-16	$AX Artis Real Estate Investment Trust	Manji, Salim 6 - Director or Senior Officer of 10% Security Holder Holder: Salamat Investment Corporation (Control or Direction)	Units 10 - Acquisition or disposition in the public market	$93,250 +10,000 vol $9.32 each	2,362,525
Filed 2022-11-18 18:02   Tx date 2022-11-14	$AX Artis Real Estate Investment Trust	Manji, Salim 6 - Director or Senior Officer of 10% Security Holder Holder: Salamat Investment Corporation (Control or Direction)	Units 10 - Acquisition or disposition in the public market	$139,498 +15,000 vol $9.30 each	2,352,525
Filed 2022-11-18 18:00   Tx date 2022-11-17	$AX Artis Real Estate Investment Trust	Manji, Samir Aziz 4 - Director of Issuer, 6 - Director or Senior Officer of 10% Security Holder, 5 - Senior Officer of Issuer Holder: Salamat Investment Corporation (Control or Direction)	Units 10 - Acquisition or disposition in the public market	$92,250 +10,000 vol $9.22 each	2,372,525
Filed 2022-11-18 18:00   Tx date 2022-11-16	$AX Artis Real Estate Investment Trust	Manji, Samir Aziz 4 - Director of Issuer, 6 - Director or Senior Officer of 10% Security Holder, 5 - Senior Officer of Issuer Holder: Salamat Investment Corporation (Control or Direction)	Units 10 - Acquisition or disposition in the public market	$93,250 +10,000 vol $9.32 each	2,362,525
Filed 2022-11-18 17:59   Tx date 2022-11-14	$AX Artis Real Estate Investment Trust	Manji, Samir Aziz 4 - Director of Issuer, 6 - Director or Senior Officer of 10% Security Holder, 5 - Senior Officer of Issuer Holder: Salamat Investment Corporation (Control or Direction)	Units 10 - Acquisition or disposition in the public market	$139,498 +15,000 vol $9.30 each	2,3

[babybunny]

I am loaded to the gills with Artis, and in for the full ride with Manji and crew. I hope the unit price stays below $10 for the first couple months of the renewed NCIB, but I fear it will pop before the REIT manages to gobble up many units..

[SNAKEYBOY]

They can do a substantial issuer bid asap for $10.25 for 40 million/4 million shares.  Why have a NCIB spend that much over a year for prob $11/average. Not really seiing the opportunity of tax loss and sector weakeness here

[JMOttawa]

I share your thesis. It will depend how many weak hands are holding as well as over leveraged investors.  The phantom distribution last January means that everyone's ACB is high and it becomes a better candidate for tax loss selling. Even if the upside is super compelling.