Bullboard - Stock Discussion Forum True North Commercial REIT T.TNT.UN

Alternate Symbol(s): TUERF

True North Commercial Real Estate Investment Trust (the REIT) is a Canada-based unincorporated, open-ended real estate investment trust. The REIT is primarily focused on creating value for unitholders through the investment in and ownership of commercial properties in Canada. The REIT’s primary objective is to maximize total returns to its unitholders. Its returns include a stable, reliable... see more

Add To Watchlist

TSX:TNT.UN - Post Discussion

True North Commercial REIT > I contact them asking about NCIB

View:

Post by thenewsnake on Nov 14, 2023 2:53pm

I contact them asking about NCIB

It better be shown everyday starting this week at the latest. This dividend cut to 0 has zero room to disappoint or not max out the NCIB daily. They were very explicit in that was their intention, but they lied to us the first time by only pretending to do it for a few weeks!

223

Comment

Comment by lebouclier on Nov 14, 2023 3:10pm

There will be a few days delay most likely before the report of NCIB comes out. If they can turn this thing around, a lot of us who bought at around 1,50 - 2,50 can double our investment in no time... And with a 70% AFFO payout and over 90% occupancy, I am not very worried here. let the market slaughter the impatient. Personally, i would love to see a SIB at these prices.

200

Comment