Marcman, thanks for the pick. Funny you should mention them. I pulled their info this time last year. They went public in May of '98 at $1.85 / share. I believe they looked like a stable Co, but passed because the sector, as you mention.... zzzzzz.
I believe there's been an increase in the popularity of REITs over the last 6 months, so it's probably a good time to give 'em a second look. Here's some of their initial properties from their 98 prospectus:
Calgary, Alberta
Hidden Valley Subdivision,
Entry Feature,
Calgary, Alberta
Twin Brooks Development,
Show Home Parade,
Edmonton, Alberta
Construction of Village at Broadcast Hill,
Multi-Family Development,
Calgary, Alberta
Current Development Projects.... need to follow up.
What's the TSE's real estate group down over the last 3-5 years? Does it look like the sector is poised to move?
P.S. Glad to hear you're happy with your BEC. I pulled the trigger too. A bit sooner than I planned, but the rapid drop in NG prices spooked me. Still, no regret$. Profit is good:)
P.S. No real prospects at this time. I'll keep you posted.
P.P.S. 8003's last PR was a bit disappointing. Any opinions out there?
Take care,
JT |
