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Bullboard - Stock Discussion Forum Parent Capital Corp V.PAR.UN


Primary Symbol: V.PAR.H Alternate Symbol(s):  PTSRF

Parent Capital Corp. is a Canada-based junior resource company. The Company is engaged in the evaluation, acquisition, exploration and development of international resource properties. The Company is inactive and is engaged in seeking an asset to acquire. The Company does not own any resource properties.

TSXV:PAR.H - Post Discussion

Parent Capital Corp > The numbers are getting better here.
View:
Post by Hockeynut2 on Sep 21, 2018 10:46am

The numbers are getting better here.

Any of the old gang still around? I bought back in last week. It looks like they've finally got their act together. Could be some capital gains to be made here. GLTA
Comment by YellowBrickRoad on Sep 21, 2018 12:32pm
I am new to REITs but have been holding this one for a few months.  Yes, there could be some capital gains here, it is under NAV and their debt ratio has been going down.  We'll see what happens when they announce the special distribution and lowered monthly distribution after the recent sales.  To successfully recycle the capital is their next task.   It is trading higher ...more  
Comment by Hockeynut2 on Sep 21, 2018 6:11pm
I've been investing in REITS pretty much since they were invented, however I'm a lot more cautious these days after getting killed in the Halloween massacre of the oil and gas trusts. I first bought this above 7 when one of the analysts on BNN made it a top pick. Got out pretty quick just above 7 for a small loss. Bought it back on a whim at 2.97. Had an alert set and this time when it ...more  
Comment by YellowBrickRoad on Sep 23, 2018 1:17am
The NAV as stated on Partners website is $3.86.  Of course, this will depend on what one values the properties at.
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