Bullboard - Stock Discussion Forum Timbercreek Financial Corp T.TF

Alternate Symbol(s): TBCRF | T.TF.DB.D | T.TF.DB.E | T.TF.DB.F

Timbercreek Financial Corp is a Canada-based non-bank, commercial real estate lender providing shorter-duration, structured financing solutions to commercial real estate investors. The Company is focused on providing structured financing solutions to real estate owners and investors and acts as an alternative asset class investment manager. The investment objective of the Company is to secure... see more

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Timbercreek Financial Corp > Recent News

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Post by retired234 on Dec 15, 2022 12:56pm

Recent News

This might explain the recent drop in shareprice :

https://finance.yahoo.com/news/timbercreek-financial-comments-group-lection-120000952.html

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Comment by BlueJay2020 on Dec 16, 2022 10:45am

The loan equates to just over 6% of the loan book. Would be a bitter pill to swallow if a good chunk of this had to be written off. Will be interesting to see how they value the loan in their next quarterlies. At this point, I don't know if this is a good buying opportunity or not - a close to 10% yield on what has historically been a very stable stock. But this issue ...more

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Comment by BigDaddy17 on Dec 28, 2022 1:23am

The share price took a hit based on the news but the dividend will continue and the SP will trickle back up just likes it's always done. I've been following Timbercreek since it was a private MIC 20 years ago and met with Blair Tamblyn both personally and professionally on several occasions so I have nothing but confidence in this group.

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