Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

View:
Post by SNAKEYBOY on Mar 01, 2023 4:56pm

How clueless is Manji?

I over invested in Artis in Nov/Dec because I saw he was buying literally everyday ($1 million total those months).....how could you not follow that type of confidence and think the trade would pay off.  Now he and myself who bought between $9-9.50 are down at least 8% on the weak Q4. 

Furthermore, how can you expect to get a favorable FCR  vote when their track record with Artis is a -35% SP tanking this year.
Comment by CatchTheDip on Mar 01, 2023 6:10pm
Samir is not thinking short term. He is thinking long term. However, the unit price today reflect the fact he should have been more prudent on focusing his efforts. D is a reasonable size takeover. High quality assets, lots of levers to pull (selling DIR, development land). FCR discount to NAV is much less than Ds and AX. Samir should have stuck to a D takeover at the same time as buying back ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities