True North Commercial REIT T.TNT.UN

Buzz on the Bullboards: The energy surge emanating from Trump’s 1st week in office

[robbie88]

According to 2024Q3 Management discussion, the remaining lease term for property 80 Whitehall Drive Markham ON was 0.2 year. It was 100% leased to Smucker Foods of Canada and should be ended by

[robbie88]

Yes, they have cash in the bank to pay for share buybacks. Any additional fund will be deposited to the credit facility. The interest rate on the operating credit facility is very low, similiar to the

[matt2018]

why would they need to use credit facility to do the buybacks? They are not paying a distribution so they have plenty of FCF every month when rents are paid. They would have cash in the bank, month

[robbie88]

NCIB cannot manuiplate the share price and there are strict rules to guide how much and how to buy shares on the public market.  Usually REITs don't keep lots of cash in the bank account and

[pierrelebel]

"Isn't it better to keep cash and then buy when price drops like recent days?" That would be against the rules. When approved, a NCIB stipulates a maximum number of shares to be

[giovinco]

Where are you checking? They did buy back and filed it within one or two days. I am now wondering why they are buying back every day. Isn't it better to keep cash and then buy when price drops

[robbie88]

TNT purchased 1900-2000 shares between these days. Still purchase shares every day.

[Jonathon Brown]

The past week has seen a mixed performance for the TSX, reflecting the varied fortunes of different market sectors. While energy stocks experienced fluctuations, other sectors showed resilience,... read article.

[gold_diggers1]

Not only LESS, but for a couple of days, did NOT buy at all : Jan 14 and Jan 22. Or was NCIB bought but forgot to file?? GLTA

[SIGG1]

In April 2024, they were buying back about 14000-16000 shares/day  In May 2024 they were buying only 4200 shares/day  Now they are buying only 1900 shares a day! They were supposed to

[SIGG1]

that doesn't make sense, as units are getting cheaper they should be able to buy more, NOT LESS.

[gold_diggers1]

DD has decreased NCIB purchase to 2,000/day in the last few days...... Running out of funds for NCIB but to be diverted for something else (apart from dividend)?

[garyreins]

Cad reits cant be stopped shorted into the ground

[SIGG1]

Doesn't stop to disappoint  no distributions anytime soon, unit price is still too low 

[Compypaul]

  I seem to have missed the "single-day drops over 1000 points." Any suggestions?

[Tysonj20]

Great buying opportunity