Recent

% | $
Quotes you view appear here for quick access.

Condor Hospitality Trust Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • emaila01 emaila01 Apr 2, 2012 2:59 PM Flag

    TRIPPLE A SEZ..........

    so in that scenario occupancy would be up, which in their earnings report it wasn't. Also, for those that doubted me, like Mr. Cashflow Analysis, management took a huge writedown on the value of their portfolio, which I expected. Valuing this class of hotel/motel is impossible, and the only thing more impossible is selling them at a rapid pace. Overall, earnings were like eating a big cardboard sandwich; not awful, but certainly not good. Also, I'm sure everyone noticed they registered to sell more securities, a lot more (60 million). these guys are ambitious about putting money to work and are amassing a mountain of treasure to do so. this is good depending on the deal they can strike to raise the additional capital. in the end, the cost of capital determines how successful this REIT will be.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
CDOR
0.8805+0.0306(+3.60%)Feb 8 3:56 PMEST