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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

Artis Real Estate Investment Pref Shs Series E > Q3 the biggest yet for Artis
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Post by garyreins on Oct 01, 2024 9:44pm

Q3 the biggest yet for Artis

What we do know-
  • FCR was probably  all liquidated since it SURGED past few months.
  • 3-4 quarters of strategic review asset sales should have mostly closed and cash on books....what  was it like 800m gross?
  • NCIB almost complete by Nov at ~80%
  • Strategic review costs in Q2 was somthing like 400-500k.  What will it be in Q3?
  • I hear MAIN should have increased NOI
This is going to be a big quarter.  If after all the things outlined above we're  still getting mediocre AFFO and balance sheet improvement (due to NAV writedowns), it will  not be good.

This is a make or break moment for  artis reit.

NOV 7.  TWO DAYS AFTER THE ELECTION. THAT  WEEK IS GOING TO BE LIT.
Comment by hroark7 on Oct 02, 2024 8:50am
Oh look, it's gary the life-waster. Q3 may or may not be the biggest quarter for Artis but it will be a quarter of life wasted for you. Look forward to seeing you waste more days on the AX bullboard, making 20+ posts per day, only for the stock to move a few pennies. Wasting your life one day at a time, gary.
Comment by jmkOttawa on Oct 02, 2024 9:10am
Spot on!! There is value in Artis, but wasting one's life on a bulletin board posting 20 times a day is a poor substitute for therapy.