Ann: Weekly NAV Estimate, page-3

I agree MoneyWise.

I too am concerned.  I'm in the red as well and thought this was a safe bet.  It is trading at a massive discount to NTA, not sure why.  Management has in the past mentioned they were making efforts to close that gap.

One huge positive is they are reducing their renovations in the pipeline.  Meaning less cost and more incoming rent.  They have released a few figures / charts to this effect which look compelling.  I live in hope this will reduce the Share Price to NTA discount. 

Management have also forgone some fees of late as a PR exercise.  (Mind you the fees to begin with were insanely high, they are now just high.).

I don't have too many direct shares, about 6000, but I do hold 1000 of their bonds URFHC which are paying a massive 7.75% and maturing in 2021.  I'm presently in need of income myself.  Even with the high yield they appear to be a 'safe' bet.  URFHA have matured and been paid back or given an option to convert to other alternatives.  URFHB mature next year I think.

Some of their renovations have been stunning and earning enormous rents.  I believe in the URF concept.

Cheers
BLJ