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

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TSX:TNT.UN - Post Discussion

True North Commercial REIT > TNT.un

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Post by ARGONOT on Nov 22, 2023 11:01pm

TNT.un

INCREACE UNITHOLDER VALUE.MANAGEMENT DOING A GREAT JOB.THANKS.

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Comment by pierrelebel on Apr 09, 2024 11:49am

Argonot - On November 22, 2023, with the units selling under $8.00 you wrote : "INCREACE UNITHOLDER VALUE.MANAGEMENT DOING A GREAT JOB.THANKS." Four and half months later, with the units UP about 25% in price, you seem unhappy. What is your problem? Really?

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Comment by giovinco on Apr 09, 2024 3:18pm

What do you mean? The person clearly stated the problem. "Where is the dividend that was promised?" The buyback was welcomed yet they still needed to reinstate it after 6 months, which is now passed. Managemen is losing trust, but share price is rallying today LOL

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Comment by pierrelebel on Apr 09, 2024 3:51pm

Giovanco "..."Where is the dividend that was promised?"..." 1) NO dividend was promised 2) When the December 2023 was cancelled, management indicated they would used the money normally allocated for the distriibution and use it to buy back shares for the next six months. 3) That would bring us to a possible June distribution if reinstated after six months. We are in ...more

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True North Commercial REIT