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Bullboard - Stock Discussion Forum Temple Hotels TMPHF

Consumer Cyclical Leisure
Temple Hotels Inc owns hotel real estate in primary and secondary markets across Canada. Its segments include Fort McMurray, Other Alberta, and Other Canada. The properties portfolio of the company include British Columbia Properties, Alberta Properties, Saskatchewan Properties, Manitoba Properties, Ontario Properties, Nova Scotia Properties, and Northwest Territories Properties among others. see more

GREY:TMPHF - Post Discussion

Temple Hotels > Reducing....
View:
Post by Matlock on May 25, 2016 10:45am

Reducing....

Sold a quarter of my position this morning at $1.40.

Two comments:
1) TPH is up just over 100% in 15 trading days.  (!?!)
2) Anyone who bought in at the rights offering can sell today for a 27% gain over seven months.

Lest anybody accuse me of "bashing", I am still plenty long TPH.  Prior to today, my ACB was $1.47/share.  Compared to where we were a month ago, I cannot believe I'm writing this morning I'm on the verge of breaking even on this company.

GLTA
Comment by mangoe on May 25, 2016 12:29pm
The stock was severely undervalue with oil bouncing off $26.00 a barrel low to almost $50.00 a barrel, the stock should not have stuck at 70+ cents a share.
Temple Hotels