Paul Haggis - Pure Industrial Trustee

Executive

Mr. Paul G. Haggis serves as Independent Trustee of the Company. Mr. Haggis is currently Chairman of the Alberta Enterprise Corporationrationration, a VC initiative operating as a Crown Corporation of the Alberta Government. Mr. Haggis is also Chair of the Audit Committee of Advantage Energy of Calgary, a Director of Sunshine Village Corporationrationration, and advisory board member and limited partner in CAI Firehorn Fund and Balfour Pacific. Mr. Haggis is also currently serving on the Board of Advantage Oil Gas Ltd. Mr. Haggis recently retired after an extended term from the board of the University of British Columbias Investment Management Trust which governs the investment program for its 3 billion endowment and pension programs. In addition, Mr. Haggis has overseen and is actively engaged in the investment program at Insurance Corporation of British Columbia as an advisor to the Investment Committee after completing a four and a half year term as its Investment Committee Chair. Mr. Haggis was President and Chief Executive Officer of Ontario Municipal Employees Retirement System and Chairman of Oxford Properties from September 2003 to March 2007, Interim Chief Executive Officer of the Public Sector Pension Investment Board during 2003 and Executive Vice President, Development and Chief Credit Officer of Manulife Financial in 2002. Prior to that Mr. Haggis was the President Chief Executive Officer of Alberta Treasury Branches from 1996 to 2001. Prior to that Mr. Haggis was Vice President and Treasurer and held various executive and CEO positions in the U.S. and Canada, finishing as Chief Operating Officer of Canadian operations in September 1996 of Metropolitan Life since 2016.
Age 64
Tenure 8 years
Phone(604) 398-2836
Webhttp://www.piret.ca
Haggis has extensive financial markets and public board experience having served on the Board of Directors of Canadian Tire Bank until March 30, 2012. He was also Chair of the Audit Committee of C.A. Bancorp and Prime Restaurants Royalty Income Fund and the Chair of Canadian Pacific Railway.

Pure Industrial Management Efficiency

The company has return on total asset (ROA) of 3.36 % which means that it generated a profit of $3.36 on every $100 spent on assets. This is normal as compared to the sector avarege. Similarly, it shows a return on equity (ROE) of 18.38 %, meaning that it generated $18.38 on every $100 dollars invested by stockholders. Pure Industrial's management efficiency ratios could be used to measure how well Pure Industrial manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 946.72 M in total debt with debt to equity ratio (D/E) of 63.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Pure Industrial Real has a current ratio of 0.65, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Pure Industrial until it has trouble settling it off, either with new capital or with free cash flow. So, Pure Industrial's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Pure Industrial Real sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Pure to invest in growth at high rates of return. When we think about Pure Industrial's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

EXECUTIVE Age

Virginia JohnsonAspen Aerogels
45
Judy BalogLB Foster
N/A
Alexander SnyderSimon Property Group
51
Donnie UpshawWingstop
44
Marisa CaronaWingstop
39
Carter LeeBeyond Inc
54
Steven HopkinsBeyond Inc
N/A
Debra BollomBeyond Inc
53
Rob DuchscherSunOpta
62
Laura GuerrantOiyeAspen Aerogels
N/A
Carlisha RobinsonBeyond Inc
55
Cassandra PowersOlympic Steel
N/A
Saum NoursalehiBeyond Inc
44
Stacy PetersonWingstop
41
Christopher ScanlonLB Foster
39
James PostOlympic Steel
N/A
Todd JamesLB Foster
35
Don TaylorGMS Inc
N/A
Chad HagenSunOpta
N/A
Robert HughesBeyond Inc
64
Jake FuellhartLB Foster
N/A
Pure Industrial Real Estate Trust is an unincorporated, open-ended investment trust that owns and operates a diversified portfolio of income-producing industrial properties in leading markets across Canada and key distribution and logistics markets in the United States. Additional information about the Trust is available at www.piret.ca and www.sedar.com. Pure Industrial operates under REIT - Industrial classification in USA and traded on OTC Market. It employs 50 people. Pure Industrial Real [PDTRF] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Pure Industrial Real Leadership Team

Elected by the shareholders, the Pure Industrial's board of directors comprises two types of representatives: Pure Industrial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Pure. The board's role is to monitor Pure Industrial's management team and ensure that shareholders' interests are well served. Pure Industrial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Pure Industrial's outside directors are responsible for providing unbiased perspectives on the board's policies.
Francis Tam, CFO
Robert King, Independent Trustee
Paul Haggis, Trustee
Elisabeth Wigmore, Independent Trustee
Richard Turner, Independent Chairman of the Board of Trustee
Andrew Greig, Director of Investor Relations
Kevan Gorrie, CEO and President Trustee and Member of Acquisitions and Investment Committee
Sylvia Slaughter, Director - Investor Relations
Douglas Scott, Independent Trustee
Stephen Evans, Co-Founder and Trustee
James Bogusz, Independent Trustee
Teresa Neto, CFO

Pure Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Pure Industrial a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Pure Industrial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Pure Industrial's short interest history, or implied volatility extrapolated from Pure Industrial options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Pure Industrial Real using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

Other Consideration for investing in Pure Pink Sheet

If you are still planning to invest in Pure Industrial Real check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Pure Industrial's history and understand the potential risks before investing.
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Share Portfolio
Track or share privately all of your investments from the convenience of any device