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Non-Tech : Income Investing -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (47000)	12/4/2021 11:44:04 AM
From: FL_Guy	2 Recommendations Recommended By brehm233 lilylady Respond to of 52143

Re: Broken preferred; SOHON/SOHOB & OTRKP OTRKP looks like a disaster waiting to happen, or is already happening. They lost two of their largest customers earlier this year. The stock dropped like a rock as a result. Earnings have sucked, loss of two largest customers not going to help that. Next year forecast has some big stalactites. I had mentioned back in August I thought this had 50/50 chance of seeing dividend suspended. I'd move that needle more negative now. Too many warning signs in my face to take a stab at that. Could be I'm foolish, won't be first time. I wish you well on that investment.

To: E_K_S who wrote (47000)	12/4/2021 8:19:13 PM
From: Jerrymac	2 Recommendations Recommended By brehm233 E_K_S Read Replies (2) \| Respond to of 52143

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.