Professional
Added to YB: 2024-08-22
Pitch date: 2024-08-21
RRR-UN.V [bullish]
R&R Real Estate Investment Trust
-22.27%
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 REIT is an open-ended real estate investment trust focused on increasing unitholder value through the acquisition and ownership of hotel properties located in the United States.
Market Cap
CAD 5.0M
Pitch Price
CAD 0.14
Price Target
N/A
Dividend
N/A
EV/EBITDA
5.86
P/E
-0.39
EV/Sales
1.50
Sector
Hotel and Resort REITs
Category
growth
River Oaks Capital Portfolio Holding: R&R Real Estate Investment Trust
RRR-UN.V: Budget hotel REIT, 17 properties, $28M cap. New CEO plans expansion to 34 hotels, raising $40M+. 9-10 cap rate acquisitions. 15-20% FCF yield, 5-7 P/E. Mgmt owns 90%+ at $0.20/share vs current $0.13-0.15. 2019 appraisal at $0.33/share. Growth plans to drive re-rating.
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