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

NEW SEEKING ALPHA ARTICLE JUST DROPPED!

[garyreins]

Good analysis, hard to disagree with anything they said.

https://seekingalpha.com/article/4739397-artis-reit-high-yielder-completes-deleveraging?mailingid=37572133&messageid=2800&serial=37572133.1299&source=email_2800&utm_campaign=rta-stock-article&utm_medium=email&utm_source=seeking_alpha&utm_term=37572133.1299

"Realistically, Artis could sell it all today for maybe $9 or $10. So we are not going to make the case that this is a bad valuation. We are only going to make the case that there are better risk-reward situations out there where you can make 25% plus with lower risk. Even here, we might have ventured a long position in the common units if the company was not hellbent on pursuing another REIT, Dream Office REIT (D.UN:CA) with its cash."

I agree with that, Manjis unorthodox and disguised approach poses risk for sentiment.  But, he has big skin in the game and can ill afford to not get it right.

[EstevanOutsider]

the guy is a joke. he said artis would cut the distribution to start the year. also told me tnt was a zero and compared dream office to slate. he has no clue. hence he is citing analysts being reserved on artis' nav as evidence it doesnt offer upside.

[DZtrader]

Respectfully, I believe his main point/ concern appears to be with the remainder of the portfolio heavy in office with a zest to add more, the same concern I have shared for some time now. Given the nice move up already, I somewhat understand his hedge. Ooops gotta go will continue.