Slate Office REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026 T.SOT.DB

WHAT IF......

[SNAKEYBOY]

SLAM is actually working MAGIC as the below poster sclarda pointed out.

Over the years they ALWAYS sold a property at a solid premium to what they bought.  

What if their SLAM fees are no different than what Dream Asset Management charges Dream Office, or Northwest Value partners charges NWH, etc.....

What is they just want to grow the REITs NAV through capital recycling rather than debt/NCIB, which, you can take my word for it has done NOTHING for ARTIS, HR, DREAM office (3-5 years of this and < 50% NAV).

WHAT IF SLAM ARE GENIUSES GIVING US A 9% DIVIDEND AND AROMAYNEN IS HERE TO STEAL THE REIT FOR $6  BUCKS!!

[MARKOPOLIS]

Compare the fee schedule to any othr reit not even close  slam lost a 2 million deposit in March 2020 buying property in a pandemic without a provision for it to be returned  slam did not discount their own fees for losing shareholders 2 million deposit and they expensed it through the income statement. As extraordinary item  they sell properties highly occupied any idiot

[2young2invest]

They cut divs almost 50% in 2019. F*cking genius management. Stock price was $10 at IPO, and now below $5. What if those supporting management are just dumb?

[CanSiamCyp]

This post has been removed in accordance with Community Policy

[SNAKEYBOY]

Look people, I get the 10 year chart of SOT.UN is sickening, but let's be real, HR REIT has gone from $25 to sh!t, Artis from $16 to sh!t, dividend cuts as well.   Riocan $28 to sh!t and dividend cut.   I am just saying at this point of time EVERY REIT IS A HISTORIC FAILURE AND ITS QUITE SICKENING HONESTLY.

[MARKOPOLIS]

SLATE OFFICE TAKES TOP PRIZE  read their conference transcripts say one thing do another for example in 2019 prior to agm on earnings release they said they would do $10 nill buyback then afterwards they took it away they say we want to close the gap trading price o NAV but they dillute shares  this goes to a proxy battle they will lose 

[2young2invest]

Snakeyboy, I don't care about how bad other REITS are, I'm holding SOT at the moment. What's the point to compare it with other losers? There are good management teams and good REITs, SOT has lots of things to improve.

[SNAKEYBOY]

Because during a SECTOR bloodbath NO REIT WILL BE SPARED!

[sclarda]

CanSiamCyp wrote For sure 2young2invest .... you raise a valid query .... why does anyone - apart from the guilty parties themselves ... vote to support current management? As you speculate .... "just plain dumb"? Rather like those who continue to blindly vote for Team Turdo ... despite all the evidence of malfeasance and incompetence starting at the top of the food chain. Just plain