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Message: Re: STOCKS to FOLLOW: Well...........for AX.UN
1
Apr 05, 2014 07:31PM

Apr 09, 2014 06:42PM

The ticker symbol for Artis REIT is AX.U. AX.U is traded on the Toronto Exchange - (xT) and options are available for this stock

Business: Artis REIT, (AX.U) Artis Real Estate Investment Trust is an open-end real estate investment trust. The Company invests in commercial properties in Canada and the United States. As of December 31, 2011, its portfolio was consisted of 163 properties located in Canada and the United States.

As of December 31, 2011, Artis had one office property in Alberta in development, comprising 19,094 square feet. During the year ended December 31, 2011, Artis acquired a total of 32 properties. On January 31, 2012, Artis acquired North 48 Commercial Complex. On February 24, 2012, Artis acquired the Aluma Systems Building, a 65,000 square foot industrial building in Edmonton, Alberta.

On March 29, 2012, it acquired a new Class AA LEED Silver certified professional office building. During 2011, the Company disposed a total of two properties, which include 2030 Notre Dame Avenue and Rogers Distribution Centre.

0.00 to 2.00 best, AX.UN has a Relative Safety number of 0.80

127 mill shs, EPS of $1.54, P/E 10.23, Pays a $1.08 dividend, My source says a Hold.

Good Luck as some numbers are okay.

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