Legacy Hotels

LGY.UN-T

0.00
0.00 (0.00%)
This company is not ACTIVE.

Analysis and Opinions about LGY.UN-T

Signal
Opinion
Expert
HOLD
HOLD
July 13, 2007
Being acquired by Caisse de depot.
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Being acquired by Caisse de depot.
COMMENT
COMMENT
May 7, 2007
Market is expecting this to be taken out. Good assets. Sold his holdings when the price went up. It could possibly yield another $1 if you hold. Not a Buy.
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Market is expecting this to be taken out. Good assets. Sold his holdings when the price went up. It could possibly yield another $1 if you hold. Not a Buy.
COMMENT
COMMENT
April 11, 2007
A wonderful asset and looks like it is going to be taken out. There might be $.75 to $1 more, but if you own, consider taking some profit.
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A wonderful asset and looks like it is going to be taken out. There might be $.75 to $1 more, but if you own, consider taking some profit.
BUY
BUY
January 12, 2007
A big part of its revenue are services in the hotels so it will have a tax situation. A value investment. Low yield at the moment. Will probably be acquired. Relatively safe.
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Legacy Hotels (LGY.UN-T)
January 12, 2007
A big part of its revenue are services in the hotels so it will have a tax situation. A value investment. Low yield at the moment. Will probably be acquired. Relatively safe.
HOLD
HOLD
January 10, 2007
No real excitement here.
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Legacy Hotels (LGY.UN-T)
January 10, 2007
No real excitement here.
HOLD
HOLD
November 24, 2006
About half their hotels are good quality Fairbourne brands. The other half are Delta. There is a good chance it will be taken out.
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Legacy Hotels (LGY.UN-T)
November 24, 2006
About half their hotels are good quality Fairbourne brands. The other half are Delta. There is a good chance it will be taken out.
DON'T BUY
DON'T BUY
July 7, 2006
Dislikes the luxury hotel area. If there is a recession in the US, these things will get hit. Struggled for a number of years with their high payout distribution.
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Dislikes the luxury hotel area. If there is a recession in the US, these things will get hit. Struggled for a number of years with their high payout distribution.
COMMENT
COMMENT
May 12, 2006
Great assets with high occupancy rates. There is a possibility you could see a corporate event here.
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Great assets with high occupancy rates. There is a possibility you could see a corporate event here.
DON'T BUY
DON'T BUY
May 5, 2006
Have great assets. Hotel industry went through a very tough period when travel was impacted by 9/11, SARS, etc. It is starting to recover but not as quick as expected. This company relies on US travellers coming to Canada but the strong Canadian$ is impacting this. Could do better in other trusts.
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Have great assets. Hotel industry went through a very tough period when travel was impacted by 9/11, SARS, etc. It is starting to recover but not as quick as expected. This company relies on US travellers coming to Canada but the strong Canadian$ is impacting this. Could do better in other trusts.
SELL
SELL
March 24, 2006
Have some very nice properties, but they are big properties that need very high occupancy rates to make them efficient. Its parent, Fairmont, is being taken over which puts a different valuation on this and are starting to trade closer to their net asset value. Would consider moving out.
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Have some very nice properties, but they are big properties that need very high occupancy rates to make them efficient. Its parent, Fairmont, is being taken over which puts a different valuation on this and are starting to trade closer to their net asset value. Would consider moving out.
DON'T BUY
DON'T BUY
January 30, 2006
If you don't continually put money into your hotel, the property will lose its appeal to attract customers. This happened in this case. Dropping its distribution which is realistic on their part.
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Legacy Hotels (LGY.UN-T)
January 30, 2006
If you don't continually put money into your hotel, the property will lose its appeal to attract customers. This happened in this case. Dropping its distribution which is realistic on their part.
WEAK BUY
WEAK BUY
December 16, 2005
Has had a lot of debate. Has been doing better recently. More of a value stock rather than a yield. Underlying value could be in the area of $9. Has the same problems that a lot of hotels have, i.e., US visitors are not coming up like before. If it got around $8.50, he would look at selling it.
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Legacy Hotels (LGY.UN-T)
December 16, 2005
Has had a lot of debate. Has been doing better recently. More of a value stock rather than a yield. Underlying value could be in the area of $9. Has the same problems that a lot of hotels have, i.e., US visitors are not coming up like before. If it got around $8.50, he would look at selling it.
PAST TOP PICK
PAST TOP PICK
November 25, 2005
(A Top Pick March 11/05. Up 2%. If you add in the distribution, you’re up about 7%.) Was selected in anticipation of renewed travelling during the summer months. It didn't happen.
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Legacy Hotels (LGY.UN-T)
November 25, 2005
(A Top Pick March 11/05. Up 2%. If you add in the distribution, you’re up about 7%.) Was selected in anticipation of renewed travelling during the summer months. It didn't happen.
DON'T BUY
DON'T BUY
July 22, 2005
2nd quarter results were not as strong as many had expected. The recovery in the hotel industry has not turned out as well as they wanted. Doesn't expect any distribution increases this year.
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2nd quarter results were not as strong as many had expected. The recovery in the hotel industry has not turned out as well as they wanted. Doesn't expect any distribution increases this year.
WEAK BUY
WEAK BUY
July 5, 2005
Has an outperform rating on this. Basically trading at book value. Have a very high calibre portfolio. Hotel business has had 3 very tough years. Will have to be patient.
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Has an outperform rating on this. Basically trading at book value. Have a very high calibre portfolio. Hotel business has had 3 very tough years. Will have to be patient.
Showing 1 to 15 of 58 entries