| Click Here to receive daily reports of the TOP PICKS OR your personal stock choices | STOCKCHASEWhat the experts are saying! |
| There are 11 registered members and 87 guests viewing the site. | Follow us on Twitter | Rss Top Picks Feed | Rss Daily Feed |
|
| DON'T BUY | 1.210 | Charles Dillingham | Apartments, badly messed up. He doesn’t look at it any more. Badly focused. None of the brokers cover it. | 2011-08-12 | |
| SELL | 2.340 | Charles Dillingham | Thinks this is going to be converted back to a Corp. Not a healthy entity. If you own, try to get your liquidity out and go somewhere else. | 2010-10-07 | |
| DON'T BUY | 2.660 | Charles Dillingham | Hotels. Yield of about 24%. Have a fair amount of capital. Doesn't look like they want to manage the hotel business. High yield but he questions if they are earning it. | 2009-08-10 | |
| Comment | 2.650 | Hap (Robert) Sneddon FCSI | (Market Call Minute.) If it dropped back to $2.10 he would be a Seller or a Holder. | 2009-08-04 | |
| SELL | 2.910 | Dennis Mitchell, CFA | Limited service hotels with big exposure to Western Canada. Will be affected by tourism. Expect it will be a 2 to 4 year turnaround for limited service hotels. Feels distribution is in serious jeopardy. | 2009-07-20 | |
| HOLD | 3.240 | Charles Dillingham | (Market Call Minute.) They're going to get rid of it somehow. | 2009-06-25 | |
| SELL | 2.450 | Michael Simpson, CFA | (Market Call Minute.) A little bit leery of the hotel sector right now. | 2009-03-25 | |
| DON'T BUY | 2.620 | Kevin Hall BComm, CFA | Micro-cap REIT in the hotel sector. Not a fan of hotels right now. Large special distribution at year-end because of some gains on properties sold. | 2009-02-27 | |
| DON'T BUY | 5.050 | Dennis Mitchell, CFA | Limited service hotels with big exposure to Western Canada. An older REIT so assets are also older, which is usually the kiss of death for limited service hotels. Also some concerns about management. Have been selling assets and reinvesting into other REIT stocks. Expecting them to report a big loss in Q3. | 2008-11-03 | |
| VAGUE | 6.360 | Dennis Mitchell, CFA | Will become a leveraged play that generates cash flow from a fixed portfolio of real estate, but is used to do other things. Wouldn’t recommend it at these levels as a REIT. As an investment, it has a secure portfolio. | 2008-03-24 | |
| SELL | 6.280 | Dennis Mitchell, CFA | Would prefer Holloway Lodging (HLR.UN-T). COO left and not sure if there are any personnel running this one. Consider this one as I leveraged real estate play rather than a REIT. Owns limited-service hotels, mostly in Western Canada but is currently more of a seller of assets rather than an acquirer. | 2008-01-14 | |
| DON'T BUY | 6.370 | Dennis Mitchell, CFA | Owns and operates limited service hotels, mainly in Western Canada. Not really a going concern at this point. Selling a lot of assets. Distributions have been increased in number of times. Not sure what is happening or what their intentions are with regards to Holloway (HLR.UN-T) | 2007-12-07 | |
| DON'T BUY | 6.850 | Dennis Mitchell, CFA | Limited service hotels. Big exposure to Western Canada. Sort of in wrap up mode. Sold off the timeshare management and hotel management businesses, so what you are left with is a portfolio of older hotels. Their saving grace is they are based in Western Canada. | 2007-08-16 | |
| BUY | 7.220 | Charles Dillingham | Smaller, non-service hotels. Expect it will be taken out. Very high yield of 9%. | 2007-04-11 | |
| DON'T BUY | 7.060 | Dennis Mitchell, CFA | This is a lodging REIT focused on limited and full-service hotels, primarily secondary cities in western Canada. In the short to medium-term, expect to see this slowly dismantled. | 2007-04-03 | |
| SELL | 7.090 | Kevin Hall BComm, CFA | The price increase has really been driven by speculation of a takeover. Doesn't expect a whole lot of upside in the unit price from here. | 2007-03-09 | |
| DON'T BUY | 7.080 | Dennis Mitchell, CFA | A lodging REIT. Focused on minimum service hotels in secondary markets across Canada. In an unwind mode where they have exited some properties. Increased distributions a number of times in 2006. Fully valued at this point. | 2007-02-16 | |
| DON'T BUY | 6.290 | Dennis Mitchell, CFA | A hotel REIT. Focuses on mid-market and upscale hotels. Heavy weighting in western Canada. Has tended to run with higher levels of leverage. Have not been able to refinance in this low interest-rate environment. | 2006-11-21 | |
| WEAK BUY | 5.150 | Charles Dillingham | A waiting story. Hotel market hasn't improved as much as had been hoped. Low yield, below 5%. | 2004-10-15 | |
|
| |||||
| DON'T BUY | 5.200 | Kevin Hall BComm, CFA | Has had a very rough history. Cut distributions a number of times. Sector is starting to recover, but the hotel sector still has a lot of risk. | 2004-09-24 | |
| DON'T BUY | 5.050 | Dean Orrico | Generally tend to avoid hotel/motel trusts. In the lower end of the market. Can be volatile in price and distributions. | 2004-05-05 | |
| BUY | 5.010 | Peter Brieger | Good management. Long-term, should be an interesting play. | 2004-03-16 | |
| DON'T BUY | 5.070 | Charles Dillingham | Has been one of the poorer performers. | 2003-07-18 | |
| DON'T BUY | 5.890 | Bill Shaw | Prefers Legacy. Tourism will probably be down for a while. | 2001-11-02 | |
| DON'T BUY | 5.350 | Bill Shaw | Budget hotels may have a rough time in a slower economy. Not a strong management. | 2001-10-04 |