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Bullboard - Stock Discussion Forum Wall Financial Corp T.WFC

Alternate Symbol(s):  WFICF

Wall Financial Corporation is a Canada-based real estate investment and development company. The Company is focused on the development and management of residential and commercial rental units, development and construction of residential housing units for sale and development and management of hotel properties. The Company’s segments include ownership and management of residential and... see more

TSX:WFC - Post Discussion

Wall Financial Corp > Less Than Arm's Length Transactions
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Post by Malpeque2 on Jun 24, 2022 3:16pm

Less Than Arm's Length Transactions

Thru all the various less than arm's length transactions disclosed by Wall Financial in the past year how much do you think the managment/Board of Directors are screwing the minority shareholders?

Any estimates appreciated!
Comment by hoffbag on Jun 24, 2022 8:14pm
I am more concerned about lack of accountability and what may be poor capital allocation.  That might blend in a bit with your concerns.  
Comment by malx1 on Aug 16, 2022 4:57pm
Before you ask that, do you know who the 'Majority' shareholders are?
Comment by Malpeque2 on Sep 17, 2022 4:38pm
Wonderfull Corporate Citizens of Vancouver No Doubt?    Spotless Charitable doners to the Community? Bruno Wall.    Peter Wall.    And Michael Redenkop.       How did I do? Reading the Press Release of the earnings for the Previous Q.    With Limited details,  limited disclosures,   and NO statment from anybody at the ...more  
Comment by malx1 on Sep 27, 2022 4:34pm
Nicely done. Now can you tell me how many shares each of them owns?
Comment by malx1 on Oct 05, 2022 1:10pm
Let's have a fresh look at some larger share transactions: - The company spent $24mm to buy back 1.5mm shares at $16. - Board member Redekop invested $5mm at $14.30. Combined, more than 76% of WFC's 32.5mm shares are owned by insiders. So here's my question to Malpeque2: If insiders own more than 25.5mm shares collectively, equating to $357 million dollars of equity at $14 share ...more