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Bullboard - Stock Discussion Forum Slate Office REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026 T.SOT.DB

Alternate Symbol(s):  SLTTF | T.SOT.UN | T.SOT.DB.A | T.SOT.DB.B

Slate Office REIT (the REIT) is a Canada-based global owner and operator of workplace real estate. The REIT is an unincorporated, open-ended real estate investment trust. The REIT owns interests in and operates a portfolio of real estate assets in North America and Europe. The REIT's portfolio is primarily comprised of government and credit tenants. The REIT's portfolio consists of... see more

TSX:SOT.DB - Post Discussion

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Post by MARKOPOLIS on Oct 27, 2022 6:39am

WHY ARMOYAN WANTS CHANGES TO TRUST AGREEMENT

USING 2021 NOT 2022 AS THE FEES ARE MUCH HIGHER SLAM MADE .11 PER SHARE 

TRADING AT 9X EARNINGS THAT WOULD EQUATE APPROX .99 SHARE 

SO INSTANTLY THIUS TRADES A DOLLAR HIGHER

OBVIOUSLY ALL FEES DONT GO TO ZERO HOWEVER YOU CAN SEE VALUE TO BE UNLOCKED INSTANTLY WITH HIGHER EARNINGS BY REDUCING FEES

FOR 2022 SO FAR UP TO QUARTER 2 STILL TWO MORE QUARTERS ITS .145 PER SHARE 

WE MUST VOTE WITH ARMOYAN
Comment by Malpeque2 on Oct 27, 2022 12:17pm
Generally,   Investors and Industry Analysts Feel that internally managed REIT's perform better over the long term verses Externally managed ones like Slate/SLAM because of a few factors,  all of which are at play here.  1)    Fees to external manager can be higher than costs to internally manage 2)  External Manager can have incentives that are "non ...more  
Comment by pennydredful on Oct 27, 2022 12:54pm
This  is   harder  to  do  effectively if   your  assets   are  strung   out   all  over   the place    like    Ireland  , Chicago , Toronto   ,  Maritimes    etc.    
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