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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

TSX:TNT.UN - Post Discussion

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Post by SIGG1 on Apr 23, 2024 10:09am

Ka-Boom!

Watch INO.UN also. This is the next one to explode.
Comment by flamingogold on Apr 23, 2024 10:19am
Cross-pumping now? I own INO too but INO will "ka-boom up" when reits see some love again. They are still very much hated to the core and priced for zero. However, there is a silver lining ahead. Rates will eventually be coming down. It's taking longer to get there but down vs. up is the near term direction with Canada and Europe leading ahead of the almighty US of A. This is good ...more  
Comment by EstevanOutsider on Apr 23, 2024 11:22am
Ino likely a quick multi bagger with any European asset sales of the three buildings up for grabs. Very tempting. 
Comment by luscar99 on Apr 23, 2024 1:25pm
This post has been removed in accordance with Community Policy
Comment by flamingogold on Apr 23, 2024 3:54pm
I have held MRT for over 2 years. My position is a few pennies higher but it's been paying ever since so overall I am very green. The fact that Armoyan (12% ownership and still buying) and parent owner MRC and CEO Rai Sahi (68% and still buying) have been gobbling up shares (combined 80%) ever since covid and yet the stock is basically comatose, just proves how unloved this sector is. Until ...more  
Comment by EstevanOutsider on Apr 23, 2024 10:38pm
comparable opportunities are H&R/ARtis has MRT which has no liquidity. armoyan just buying up what is left of the float. morguard is easily a double if they start disposing of assets like artis or hr is doing.
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