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Bullboard - Stock Discussion Forum Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

Alternate Symbol(s):  ARESF | T.AX.UN | T.AX.PR.I

Artis Real Estate Investment Trust is a diversified Canadian real estate investment trust with a portfolio of industrial, office and retail properties in Canada and the United States. The Company’s portfolio comprises more than 100 commercial properties. Its properties include Bower Centre; Maynard Technology Centre; McCall Lake Industrial; Pepco Building; Alex Building; 1093 Sherwin Road; 1681... see more

TSX:AX.PR.E - Post Discussion

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Post by SNAKEYBOY on Dec 20, 2022 11:00am

$19.15 REIT FOR $8.85

They should hit up Joyce, Sandpiper,cash on hand and a 3rd party and buy out the non institutional float for $11.50.
Comment by SNAKEYBOY on Dec 20, 2022 11:11am
It would literally cost them 400 million to do so, with 4 entities that's easily achievable!
Comment by Frankie10 on Dec 20, 2022 11:41am
Bruh... in M&A you take your time in a downtrend - Elon is exhibit A of exactly what not to do. They are blessing current unit holders by turning the NCIB back on (yet to be confirmed)... they already own enough to get very predatory before a complete take private deal. I believe they are using the NCIB to consolidate ownership via the trust's capital, thereby preserving their own capital. ...more  
Comment by DZtrader on Dec 20, 2022 11:29am
Why in the world would they do that when they can buy shares until the cows come home at under $8.00 a share with potentially a $6 handle coming up if things take a significant down turn. They will accumulate as much as they can at these and lower levels. It has become very obvious that the share price can not even hold it's own even with them in there buying. I fully get that we are talking a ...more  
Comment by DZtrader on Dec 20, 2022 11:30am
Typo retraction, meant $9.00 ashare currently.
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