Opinions
Jean-Francois Tardif
Lakeview Hotel Investment
LHR-X
WAIT
Jun 23, 2008
(Top Pick Down 30% 2007-07-16). $0.44 (12.2%) distribution/yr. High fixed cost business, dropped off last year when drilling declined, coming back now. Long term a good place to be. Wait a quarter to buy.
$3.640
Stock price when the opinion was issued
property mngmnt
investment
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
You might be interested:
COMMENT
Focused on limited service hotels, secondary markets in Western Canada. If you are concerned about the slowdown and drilling volumes in Western Canada, you shouldn't add to this one. Trades at a huge discount to NAV and offers a very compelling yield. Good management team.
property mngmnt
investment
BUY
Limited service hotels, primarily in Western Canada but expanding throughout the nation. About an 85% payout ratio. Would like to see them lower their leverage a little bit. Doesn't have a lot of debt coming up for renewal so is not subject to a squeeze. Good strong management team.
property mngmnt
investment