Temple Hotels

TPH-T

TSE:TPH

2.09
0.00 (0.00%)
Temple Hotels Inc. is an open-ended real estate investment trust that owns hotels on the Canadian Prairies and Far North. Most of the company's hotels are located in the Fort McMurray area.
More at Wikipedia

Analysis and Opinions about TPH-T

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
April 24, 2018

(A Top Pick February 15, 2017. Down 49%). This was a bad pick on his part. They own hotels in Alberta and he expected to see the company benefit when Alberta’s economy improved. It didn’t. Also, Morguard owns half the company. He expected that they might take the company private, and still expects this possibility, but it hasn’t happened yet.

Temple Hotels (TPH-T)
April 24, 2018

(A Top Pick February 15, 2017. Down 49%). This was a bad pick on his part. They own hotels in Alberta and he expected to see the company benefit when Alberta’s economy improved. It didn’t. Also, Morguard owns half the company. He expected that they might take the company private, and still expects this possibility, but it hasn’t happened yet.

Colin Stewart
CEO & Portfolio manager, JC Clark Investments Ltd.
Price
$2.910
Owned
No
HOLD
HOLD
June 19, 2017

He thinks there is a lot of value there. The issue is the balance sheet, but they did a recent rights issue that helped to shore it up. There will be some volatility, however. It is weak because of their Western Canadian exposure.

Temple Hotels (TPH-T)
June 19, 2017

He thinks there is a lot of value there. The issue is the balance sheet, but they did a recent rights issue that helped to shore it up. There will be some volatility, however. It is weak because of their Western Canadian exposure.

Veeral Khatri
Partner and Portfolio Manager, JC Clark
Price
$0.740
Owned
Yes
HOLD
HOLD
February 16, 2017

Largely in Western Canada and a lot in Fort McMurray. The fire may create some scarcity and the oil patch is picking up. He would hold on and maybe buy some.

Temple Hotels (TPH-T)
February 16, 2017

Largely in Western Canada and a lot in Fort McMurray. The fire may create some scarcity and the oil patch is picking up. He would hold on and maybe buy some.

Fabrice Taylor
Publisher, The President's Club Newsletter
Price
$0.910
Owned
Unknown
TOP PICK
TOP PICK
February 15, 2017

The largest publicly traded hotel company in Canada, and operate under names such as Hilton, Marriott, Days Inn, etc. They own over 4000 hotel rooms in Canada. 50% of those are in Alberta, and half of those are in Fort Mac. That has caused the share price to underperform over the last couple of years. Thinks this is a bit of a restructuring turnaround story. Also, Morguard (MRG.UN-T) has taken a very large, over 50% equity stake in it. (Analysts’ price target is $0.90.)

Temple Hotels (TPH-T)
February 15, 2017

The largest publicly traded hotel company in Canada, and operate under names such as Hilton, Marriott, Days Inn, etc. They own over 4000 hotel rooms in Canada. 50% of those are in Alberta, and half of those are in Fort Mac. That has caused the share price to underperform over the last couple of years. Thinks this is a bit of a restructuring turnaround story. Also, Morguard (MRG.UN-T) has taken a very large, over 50% equity stake in it. (Analysts’ price target is $0.90.)

Colin Stewart
CEO & Portfolio manager, JC Clark Investments Ltd.
Price
$0.900
Owned
Yes
COMMENT
COMMENT
March 3, 2015

Has been a disappointment to investors. It shows what can happen in the hotel industry when you use too much debt. The hotel industry is very cyclical, especially when you start buying hotels up in Canada’s northern region. He feels there is very little equity left in the company, and he is not a fan of it.

Temple Hotels (TPH-T)
March 3, 2015

Has been a disappointment to investors. It shows what can happen in the hotel industry when you use too much debt. The hotel industry is very cyclical, especially when you start buying hotels up in Canada’s northern region. He feels there is very little equity left in the company, and he is not a fan of it.

Derek Warren
Asst Vice President, Lincluden Investment Mgmnt
Price
$2.700
Owned
No
COMMENT
COMMENT
February 10, 2015

This was a bad call on his part. Had been invested in this for a long time, but finally threw up his hands and gave up in December for tax loss selling. Has a lot of exposure to Fort Murray. He probably would have ridden out the storm, but one of the things working against them, even before oil prices started to correct, was that they just kept coming back to the market and tapping capital markets for either convertible debentures or for equity. Sometimes management just gets too capital happy.

Temple Hotels (TPH-T)
February 10, 2015

This was a bad call on his part. Had been invested in this for a long time, but finally threw up his hands and gave up in December for tax loss selling. Has a lot of exposure to Fort Murray. He probably would have ridden out the storm, but one of the things working against them, even before oil prices started to correct, was that they just kept coming back to the market and tapping capital markets for either convertible debentures or for equity. Sometimes management just gets too capital happy.

Jerome Hass
Portfolio Manager, Lightwater Partners
Price
$2.800
Owned
No
COMMENT
COMMENT
November 26, 2014

Has not done very well over the last a while. Have a lot of exposure to the oil patches. It does not trade at a high multiple. Dividend yield of 13.5%, which he does not expect them to cut. The CEO has recently bought back a lot of stock personally. They are trying to buy more hotels outside of the Fort McMurray area, to diversify their overall brand. Story is pretty good; it’s just that they have had a slip up in the last quarter.

Temple Hotels (TPH-T)
November 26, 2014

Has not done very well over the last a while. Have a lot of exposure to the oil patches. It does not trade at a high multiple. Dividend yield of 13.5%, which he does not expect them to cut. The CEO has recently bought back a lot of stock personally. They are trying to buy more hotels outside of the Fort McMurray area, to diversify their overall brand. Story is pretty good; it’s just that they have had a slip up in the last quarter.

Peter Imhof
Vice President & Portfolio Manager, AGF Investments Inc
Price
$4.080
Owned
No
SELL
SELL
October 17, 2014

The stock really got creamed. He is short this one. Once projects start to slow in the oil sands, the need for the accommodations declines.

Temple Hotels (TPH-T)
October 17, 2014

The stock really got creamed. He is short this one. Once projects start to slow in the oil sands, the need for the accommodations declines.

James Hodgins
Chief Investment Officer, Curvature Hedge Strategies
Price
$4.520
Owned
Yes
BUY
BUY
October 8, 2014

For a while they had the corner on the hotel space in Fort McMurray and that has been their strength. They are still the dominant provider of accommodation and hotels there. Occupancy rates have been going down a little bit lately. There have been some concerns because some worker camps are starting to be built which is taking away some of their capacity. On the positive side, they just got the approval of owning the hotel next to the airport. Recently bought some hotels in Thunder Bay. There has been a lot of insider buying, so he thinks the dividend is pretty safe.

Temple Hotels (TPH-T)
October 8, 2014

For a while they had the corner on the hotel space in Fort McMurray and that has been their strength. They are still the dominant provider of accommodation and hotels there. Occupancy rates have been going down a little bit lately. There have been some concerns because some worker camps are starting to be built which is taking away some of their capacity. On the positive side, they just got the approval of owning the hotel next to the airport. Recently bought some hotels in Thunder Bay. There has been a lot of insider buying, so he thinks the dividend is pretty safe.

Michael Sprung
President, Sprung Investment Management
Price
$4.820
Owned
Yes
SELL
SELL
September 26, 2014

You have a base in 2010, then a run up and then flat to now. He does not want the recent low to be violated. He would run away.

Temple Hotels (TPH-T)
September 26, 2014

You have a base in 2010, then a run up and then flat to now. He does not want the recent low to be violated. He would run away.

Bill Carrigan
Technical Analyst, Getting Technical Info Service
Price
$5.220
Owned
Unknown
BUY
BUY
August 7, 2014

9.5% dividend is not a red flag. He knows the company well. They have the potential to up the dividend, but realize it would be a red flag over 10%. They keep acquiring hotels. Adjusted funds from operations suggest it is very cheap. He wishes they would slow down their rate of acquisitions.

Temple Hotels (TPH-T)
August 7, 2014

9.5% dividend is not a red flag. He knows the company well. They have the potential to up the dividend, but realize it would be a red flag over 10%. They keep acquiring hotels. Adjusted funds from operations suggest it is very cheap. He wishes they would slow down their rate of acquisitions.

Jerome Hass
Portfolio Manager, Lightwater Partners
Price
$5.720
Owned
Yes
DON'T BUY
DON'T BUY
February 26, 2014

Hotels are a nightly lease so you don’t know the occupancy or what the rent is. They just bought a hotel in Saskatchewan. He is not in hotels in Canada.

Temple Hotels (TPH-T)
February 26, 2014

Hotels are a nightly lease so you don’t know the occupancy or what the rent is. They just bought a hotel in Saskatchewan. He is not in hotels in Canada.

Derek Warren
Asst Vice President, Lincluden Investment Mgmnt
Price
$5.720
Owned
No
BUY
BUY
September 18, 2013

Likes it. Dividend is safe. Dividend is very high. Leaves it below red flag level.

Temple Hotels (TPH-T)
September 18, 2013

Likes it. Dividend is safe. Dividend is very high. Leaves it below red flag level.

Jerome Hass
Portfolio Manager, Lightwater Partners
Price
$5.750
Owned
Unknown
DON'T BUY
DON'T BUY
March 11, 2013

Not a big fan of lodging REITs. Operating margins tend to be much lower than the typical REIT. An operating business that tends to own their own real estate. Also it is dramatically over levered.

Temple Hotels (TPH-T)
March 11, 2013

Not a big fan of lodging REITs. Operating margins tend to be much lower than the typical REIT. An operating business that tends to own their own real estate. Also it is dramatically over levered.

Dennis Mitchell, CFA
Executive Vice-President & Chief Investment Office, Sentry Select Capital Corp
Price
$5.680
Owned
No
PAST TOP PICK
PAST TOP PICK
February 21, 2013

(A Top Pick April 13/12. Up 7.83%.) Big exposure to Western Canada, particularly Fort McMurray but they are diversifying quickly. Has taken some profits but continues to hold a little bit.

Temple Hotels (TPH-T)
February 21, 2013

(A Top Pick April 13/12. Up 7.83%.) Big exposure to Western Canada, particularly Fort McMurray but they are diversifying quickly. Has taken some profits but continues to hold a little bit.

Fabrice Taylor
Publisher, The President's Club Newsletter
Price
$5.840
Owned
Yes
Showing 1 to 15 of 69 entries