Professional
Added to YB: 2024-02-07
Pitch date: 2024-02-07
RRR-UN.V [bullish]
R&R Real Estate Investment Trust
-8.84%
current return
Author Info
River Oaks Capital is an investment fund that invests in a concentrated number of small, underfollowed micro cap & small cap public companies. Sign up for the newsletter.
Company Info
R&R Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to the Declaration of Trust.
Market Cap
N/A
Pitch Price
CAD 0.09
Price Target
0.33 (+288%)
Dividend
N/A
EV/EBITDA
12.53
P/E
N/A
EV/Sales
1.68
Sector
Hotel and Resort REITs
Category
value
River Oaks Capital holding: R&R REIT ($RRR.UN)
$RRR-UN.V: Billio. Mangalji owns 93% of $25M mkt cap REIT w/ 17 budget US hotels. Illiquid +volatile, allowing buys <$0.13 (65% discount to Mangalji's $0.20 entry). 2019 appraisal: $0.33. 16+ cap rate, 17+% FCFE yield. Plan: add distressed hotels. Fair: $0.25-$0.33+ depending on M&A.
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