Q: TNT.un has moved up, rather dramatically, to a new 52 week high this week. I see no news or rumours and am wondering if you do? I was thinking a new issue but I am not so sure with today’s move to $6.94. Any comments at all? Thank you.
Q: With the economy of Quebec booming would an investment in Cominar REIT make sense? I am considering selling Boardwalk REIT, a well managed company but located in Alberta, and not doing well.
Q: You’ve mentioned that some of the more stable sectors during a recession can be utilities, telecom, and consumer staples. How might REITs like CAR and CSH do?
Q: I just rec'd an offer from the company to buy back shares at $8/share. While a premium to current share price, it doesn't seem overly generous. My inclination is to hold on to the shares as the company seems to be in good shape. Your view, please?
Q: Peter; Both smu.un and dir.un reported, I thought, really good earnings but both dropped on higher than usual volume. Am I missing something here ? Thanks. Rod
Q: Could I please have your thoughts on this company, I have owned it for a while and have lost money. In particular, I note the company is issuing a debenture that is convertible to stock at $12.60 Canadian, which is a much higher share price than today's price. Assuming the debenture sells, is this an indication that good things are expected for this company?
Q: I have already lost Milestone to a takeover and now it appears that I will lose Pure Multi-Family. Do you have any suggestions on how to play apartment rentals in the US without buying an American security. Thank you as always. Nigel.
Q: Just to round out my portfolio a little I hold 2 REITs - CAR.UN and GRT.UN. It seems the whole REIT sector has been uneventful this year. With these two I'm above water but other than collecting the monthly payouts, there have been no growth.
Do you think the rate cut in the U.S. should/will give this sector a boost? I'm thinking about flipping these two REITs for something that represents a better balance between yield and growth (suggestion if any). Your recommendations/opinions are much welcomed. Thanks.