IHT - InnSuites Hospitality Trust: Asset Sales And Merger Potential Should Lead To Upside
Introduction of the Investment Thesis:
InnSuites Hospitality Trust (IHT) has ownership stakes in hotels and also manages a number of hotels. This company has recently sold some assets which have given material insight into the revelation that this stock is significantly undervalued. Furthermore, the Board of Directors is taking action for additional asset sales and other plans such as a potential merger which could unlock shareholder value.
Source: InnSuites Hospitality Trust website
Company Background:
With about 9.4 million shares outstanding, Innsuites has a market capitalization of just around $16 million. Because of the