Professional
Added to YB: 2025-02-06
Pitch date: 2025-02-05
RRR-UN.V [bullish]
R&R Real Estate Investment Trust
-46.08%
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 0.16
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 Portfolio Holding: R&R Real Estate Investment Trust
RRR-UN.V: Budget hotel REIT, 16 properties, $35M cap. 2024: occupancy -2.7%, revenue/room -3%. FCF $3-4M vs $5M+. CEO sees cyclical dip. 9-10 cap rate acquisitions planned. $11.5M+ cash, need $40M+ equity raise. 90% insider ownership at $0.20 CAD. 8-10% FCF yield, 10-12 P/E. 2019 appraisal 85% above current valuation. $0.25-$0.33 CAD fair value.
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