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

Artis Reit and this message board

[ArtisWatch1]

I've been watching Artis Reit for quite sometime, and follow a fair bit of information across all sources.
Including research into the sub markets in which Artis owns properties.

This message board though is really something else.

i'll summarize from watching it over the last little while.

this really could just summarize the entire discussion on here.


Gary(and i'm sure other names he goes by) - this guy has some problems. he's mentally unstable. his investing strategy is beyond poor, and the fact he cannot understand the headwinds of this industry/company or commercial real estate says it all. He's truly clueless and barrages this message board with non-sense drowning out some intelligent thoughts otherwise. 

Toronto Jay - i suspect he owns no artis. I think he just gets off on Macro economic mast**ation. he's like those economicsts that predict 13 out of the last 10 recessions. There is always some ominous economic disaster looming right around the corner.  I suspect he has GIC's at 5-6%, pays 30-50% tax rate, so he nets 3%, and inflation is 3%.  Propose a trade based on your macro economic forecast (and making 3% after tax with 3% inflation really isn't going to cut it) and lets put this econoimc theory to the test. But i don't rememeber paying the bills with economic theories...well at lesat no where i shop takes them.

Frankie/DZ/JMK - there is some good back and forth and meaningful ideas being discussed between them. i think it's valuable discussion points, and it looks like some decent analysis into AFFO/FFO and debt / buyback and other matters that are actually impactful and meaningful to Artis. 

Conclusion:
the industry has some big headwinds. (gary can't seem to understand this). he also thinks you can just "sell" office. This guy has never worked in a capital market illiquid industry before and is absolutely clueless. 

will these problems get worked out over time? probably, if companies can last and not lose it to the creditors.

When? who knows, be prepared for a longer term strategy. 

Is office dead? everyone wants to pretend there is this quantum shift. I suspect there are a lot of people like Gary workign from home. F*king around and not working hard. WHEN (not if) there is a labour market reversal and the office bosses have the power, they'll start to make people work from the office again. Have you had a meeting on zoom, it's pathetic. the quality of communication is way less. People forget, young employees in whatever industry need training (articling students, etc). Good luck to those business trying to train and mentor staff at home. I just don't think it's as dead as everyone wants to believe. 

the NAV probably is $10-12 (where all the analysts put it). It'll take time to get there. 

Catalyst stocks should never be bought on margin or highly leveraged positions as the catalyst is uncertain and there might be bumps in the road getting there.


If it's related to artis and security analysis, lets hear it

if it's marco enonomic thoughts, save it for a University lecture hall. And Gary, we don't need a second by second report of how dire your situation is due to your bad choiecs. REITS are going up for a while (and may even cut dividends). you're an idiot, be quiet, you ruin this board for everyone.

[babybunny]

ArtisWatch1, I for one would welcome another source of meaningful content on the board, particularly if you are willing to discuss issues specific to Artis rather than general real estate or interest rate topics.  We could use more thoughtful contributors and fewer lurkers. That said, your ad hominem attack on Gary seems rather mean-spirited.  His posts may be far more frequent than you

[Torontojay]

Hi artiswatch1.  You just became a Stockhouse member and you now have the audacity to come on here to criticize a few of us and pat others on the back? Who do you think you are? Gary?  Yes, let's be perfectly clear that I'm bearish on reits with exposure to office. I have been for a very long time because I'm that same Economist that has predicted 13 of the last 10

[spacegimp]

I always thought he was here to shake out weak retail hands for his boiler room boss nothing else seems logical

[Frankie10]

Snakey is to this board, what Golum is to LOTR. There is nothing sinister there - just a sad story. He has been on the boards for years - watching his descent into madness has been hard to witness. Pity is all I feel for him. I wish you all the best SnakeyBowi.

[DZtrader]

Dat you Frankie?!  Always the diplomat, good on ya. I just tell Rumpled4skin et al when they're being an idiot that they're being an idiot, which is most of the time. Taker easy brah!

[Frankie10]

lmao no DZ dat ain't me! I only got enough time and energy for the one personality. That said, if I were to make a second personality, it would be more Brad Pitt from Fight Club, and less internet lurker. Globe trotting stock trader would be cool as well, but you got that one locked down buddy. Have a nice day.   

[DZtrader]

All good, my bad. Excellent second persona choice though in fight club though, or maybe Pacino in the God Father (or ok I'll admit the infamous Tony Montana) , or Clooney in Oceans 11........... or, never mind digressing too much. Next thing you know I'll get called out for non Artis commentary, doh!

[jmkOttawa]

Welcome to the board ArtisWatch1. New opinions are always welcome along with stimulating discussion. I'm with BabyBunny in regards to Gary. His contributions although very frequent, are never mean spirited and we all have differing opinions and diversity is not a bad thing.