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Bullboard - Stock Discussion Forum Nexus Industrial REIT T.NXR.UN

Alternate Symbol(s):  EFRTF

Nexus Industrial REIT is a Canada-based open-ended real estate investment trust. The Company and its subsidiaries own and operate commercial real estate properties across Canada. The Company is focused on increasing unitholder value through the acquisition of industrial properties located in primary and secondary markets in Canada, and the ownership and management of its portfolio of properties... see more

TSX:NXR.UN - Post Discussion

Nexus Industrial REIT > NXR Paying Price For Bad Management
View:
Post by duplex5696 on Jan 07, 2022 3:49pm

NXR Paying Price For Bad Management

As I have indicated in previous postings, generally investors do not respond well to new discounted subscriptions. When you go to the well twice in two months and then use the cash to overpay for new inventory investors will punish you.This is corporate irresponsability and a miscalculation that your unitholders will support you.
Comment by Donwaan on Jan 08, 2022 2:39pm
Did not a similar share price drop happen to DBM after their last offering as well. And I believe that back in the day also to Western One. I got nervous after the 2nd NXR.un offering and have moved on for now.
Comment by Bubba359 on Jan 08, 2022 4:45pm
Don , l am up 100% on DBM and am playing with the House money in NXR , but l sense your pain with Westernone , l trusted that Whole CEO , retired from Ritchie's and talked to him many times on the phone , seemed to be both likable and above board. Then hecissued that garbage soon after axed the dividend , l asked that SOB if Western was afraid the coward hung up on me. The POS then as you know ...more  
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