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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

Post by garyreins on Aug 18, 2024 9:13pm

NCIB

3 years of NCIB from $11 to $6, maybe around 15m shares cancelled...

Does it matter? NAV and AFFO in decline. All offset by a bad investment in IRIS commons and D common units
Comment by Frankie10 on Aug 18, 2024 9:31pm
Odd way to reply to my post, oh Snakey one. first rate cut by BoC was June (end of Q2)... impact from rate cuts will only begin to appear in Q3 and the mathematical impact will increase from there. I would refer to the MD&A which explains the % of debt that is variable and unleaded - roughly half. I'm personally thrilled to see buybacks resume in a big way... I continue to give you ...more  
Comment by garyreins on Aug 18, 2024 10:06pm
The name is Gary- secondly, I can find posts of yours on artis board going back over a year that were wrongfully bullish.  And at one point you too expressed disinterest in the 2023 NCIB renewal as it was the same old merrigo round. ITS TIME FOR RESULTS.  ALL WE HAVE IS A 120% PAYOUT RATIO AND 12 Month of a strategic review to close the gap and being -0.30 cents
Comment by Torontojay on Aug 19, 2024 8:06am
Hey Frankie, they are selling back to school pom poms in all the latest colours. They even have lgbtq colours if you're interested. I'm sure you and DZ would love it.