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

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

Artis Real Estate Investment Trust is an unincorporated closed-end REIT based in Canada. Artis REIT's portfolio comprises properties located in Central and Western Canada and select markets throughout the United States, including regions such as Alberta, British Columbia, Manitoba, Ontario, Saskatchewan, Arizona, Minnesota, Colorado, New York, and Wisconsin. The properties are divided into... see more

TSX:AX.PR.E - Post Discussion

Artis Real Estate Investment Pref Shs Series E > ESTAVANOUTSIDER WAS RIGHT ALL ALONG
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Post by garyreins on Sep 04, 2024 2:59pm

ESTAVANOUTSIDER WAS RIGHT ALL ALONG

Said manji should have done a nice SIB in low 6s and offer 7 bucks.  Mop up 15m shares.  Manji snoozed. Looks like his accretive acquisition may get more expensive too
Comment by DZtrader on Sep 04, 2024 3:08pm
I already told you, there will be no SIB and there probably likely had never planned one. Manji made his path clear quite some time ago of what the future held for the reit. It would have almost been counter productive in his mind (as much as I have come to understand Manji) to do a "short term" gain SIB. That is the way I see it, I was wrong once though (long time ago) so you never know ...more  
Comment by EstevanOutsider on Sep 04, 2024 7:42pm
that's it. when sentiment tilts it goes hogwild.  oh well. let's see where manji sees the best capital allocation potential. still some cash strapped operators out there. think he can do something with cominar in montreal.
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