SMARTCENTRES REIT SRU.UN
May 17, 2023 - 3:41pm EST by
member
| 2023 | 2024 | ||||||
| Price: | 25.80 | EPS | 0 | 0 | |||
| Shares Out. (in M): | 180 | P/E | 0 | 0 | |||
| Market Cap (in $M): | 4 | P/FCF | 11.6 | 10.9 | |||
| Net Debt (in $M): | 4,883 | EBIT | 498 | 527 | |||
| TEV (in $M): | 9,760 | TEV/EBIT | 0 | 0 | |||
Description
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| # | AUTHOR DATE SUBJECT |
|---|---|
| 190 | |
Just wondering if anyone ... thats affected ..... would share outcomes on tax treatment of due-bill payment related to the special $38 dividend. Thanks.
Pat110
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| 181 | |
it's my understanding that if you buy gyro now you will avoid paying any taxes on the forthcoming special dividend. the record date was saturday, the ex date is the 17th. gyro is currently trading... login to read the rest | |
| 170 | |
I tried to call Mr. Dugan but got the voicemail of IR instead. So I emailed the idea to the CFO and the IR and asked that it be forwarded to Mr. Dugan. Perhaps, it... login to read the rest | |
| 166 | |
I need investment banking advice.
I was thinking about GYRO in tax free accounts at the current levels. It occurred to me that GYRO might be the perfect acquisition for GKK if:
1) a transaction could be... login to read the rest | |
| 164 | |
1) The interest was earned in 2012 (at the latest, since it actually accrued over many years) so I don't see why it would be taxable income in any year later than 2012. After the... login to read the rest | |
| 161 | |
I already own too much, otherwise I would add a little. Have to be careful if buying in a taxable account before the dividend; you'll have $40 in ordinary income this year with an offsetting... login to read the rest | |
| 160 | |
Either of you picking up more shares on weakness? | |
| 159 | |
The interest is taxable income, so it should all be distributed by the REIT in a dividend this year. Should be around $40 per share. | |
| 156 | |
assuming that the company returns the $67M interest portion of the proceeds it received form NY later this year to an investor buying today, will that be considered a "return of capital" (toward one's cost... login to read the rest | |
| 155 | |
Many years ago, the company had announced an agreement with Winthrop Realty (FUR) for Winthrop to invest the proceeds. It was non-binding. This is a great situation for a REIT to acquire - someone like | |
| 154 | |
The KCG transaction was about keeping their jobs. Nobody has a job they want to keep anymore at GYRO. | |
| 152 | |
Katana, I hope you are right, but I would think the existence of multiple alternative buyers would be sufficient to insure they get an acceptable price. | |
| 150 | |
Straw, that is logical and I hope you're right. They have until April to get the litigation proceeds reinvested or else it will be taxable (although someone here speculated that deadline could get extended). Since... login to read the rest | |
| 149 | |
I am guessing you will get a non-answer, but the best we can hope for is that the CEO search is a just-in-case move. Any responsible board should have or be moving towards a permanent... login to read the rest | |
| 148 | |
Maybe no one at the company knows anything about real estate transactions. I'm not being facetious. I am absolutely amazed that they apparently weren't spending any significant time or effort on this prior to receiving... login to read the rest | |
| 146 | |
I know we have already done a lot of tea leaf reading, but what to make of this:
- We name interim CEO
- We take steps to achieve liquiditating event by hiring advisors
but . . .
-... login to read the rest | |
| 144 | |
So how much are they going to have to pay the new CEO they hire? | |
| 142 | |
Other than indicating that sale not imminent, I am having a hard time understanding how this is a negative.
He is leaving the company so he can sell shares faster? Not a ton of liquidity and... login to read the rest | |
| 141 | |
I think the guy is 70, but so what? Why leave company completely? Why not take some position that gives him some say. What this does do is gets him out of the blackout period... login to read the rest | |
| 140 | |
I think he was sick a couple of years ago. he's no spring chicken.
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| 138 | |
this should answer why (it has been discussed in prior threads):
The benefits are realized upon either a change-in-control of the Company, or upon the issuance by the Company of an “excess dividend” following certain asset... login to read the rest | |
| 137 | |
I find this disconcerting. I do not know what is required of him to stay on, but does he really have to come into the office every day? I would think with a large portion... login to read the rest | |
| 136 | |
I assume this means the liquidation is going to take longer than I would have hoped. If they were going to be able to wrap everything up within a couple months, you'd think he'd stick... login to read the rest | |
| 131 | |
ST. JAMES, N.Y., July 5, 2012 – Gyrodyne Company of America, Inc. (NASDAQ:GYRO) announced today that on July 3, 2012 it received $167,501,656.95 from the State of New York (the “State”) in payment of the judgments in... login to read the rest | |
| 127 | |
From the 2/8/10 8k:
Payments Resulting from Distributions to Shareholders Following Asset Dispositions . If the Company receives proceeds from the disposition of assets during any twelve-month period in an aggregate dollar amount greater than or... login to read the rest | |
| 126 | |
remaining flowerfield value would be subject to taxes. Part of the judgement would be taxable no, despite the REIT status?
Also, isn't their incentive plan a payout of over 100,000 shares in cash? (market price less | |
| 117 | |
Assuming the verdict holds and the company receives the proceeds ,what is the tax treatmet at the investor level should the $65M get paid out? E.g. is it treated as a dividend or something where | |
| 116 | |
Tyler,
I had 98.685 in damages not yet paid, plus 53.0 in statutory interest, plus 1.475 for legal fees. your numbers might | |
| 114 | |
they get 164 million if it was paid today + 1.47 million costs and expenses. Of this, 98.685 is principle, leaving 65.315 in interest which must be paid out. They would then pursue a merger... login to read the rest | |
| 112 | |
must be. i see may as the furthest link to the right. went to the site from another computer and found the june link. strange.
what do you all think this is worth? at my low... login to read the rest | |