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Non-Tech : Income Investing
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To: E_K_S who wrote (47000)12/4/2021 8:19:13 PM
From: Jerrymac2 Recommendations

Recommended By
brehm233
E_K_S

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Re: Broken preferred; SOHON/SOHOB & OTRKP

Soho avg cost of debt 4.66% per last ER. That includes pref’s at ~8%. Mere mention of pref divy restoration coupled w domestic properties carried on balance sheet at cost(?) suggests pretty good setup risk/reward. I have been adding 15/16 area betting on close of NC property sale/Covid fade. Have very small wager OTKRP and likely stay small.
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