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Bullboard - Stock Discussion Forum Yorkton Equity Group Inc V.YEG

Yorkton Equity Group Inc. is a Canada-based real estate investment company. The Company is focused on providing shareholders with growing assets through accretive acquisitions, organic growth, and the active management of multifamily rental properties with upside potential. Its business objectives are to achieve growing net operating income (NOI) and asset values in its multifamily rental... see more

TSXV:YEG - Post Discussion

Yorkton Equity Group Inc > Overhead costs are top heavy
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Post by pennydredful on Nov 11, 2022 9:36am

Overhead costs are top heavy

Plus    they   incurred  huge    bad  debt   ----must   be   renting   to  dead beats  and have  poor  credit  checks   in place   or   non   existent   or  perhaps  what  one can  expect  in   BC.  ?
Comment by prested on Nov 16, 2022 11:18am
The property market is far from robust, and this company is paying 8% to debeture holders. Says it all when they pay 2% over regular bonds.
Comment by pennydredful on Nov 16, 2022 4:50pm
will   have   zero    liquidity   .  Slate    just    sold     7.5%   but   dealers   had    to  dump   at  94    to  yield    9.66%     as    few   buyers  and    these  are  ...more  
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