Q: Would u recommend (,stwd)?
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Your thoughts on HR and PMZ at this time. Hold for the dividend or move on to some other area with better growth prospects? Thanks.
Q: Hello 5i Could you comment on ERE.UN as to why it seems to be out of favor.
Also as to the company as an investment.
Also as to the company as an investment.
Q: I'm up 87% on BEI.UN and it is approaching a long time high. Does this still have legs or is it time to take some profits?
Q: Hi 5i,
I'm mindful of your answers to recent questions about AP.UN (lukewarm response at best) but I do wonder;
Employers are said to be insisting more and more that employees get up, get showered, get dressed and get in to work at the office.
Pre-pandemic AP.UN was in the $50.00 range, and even in the midst of COVID it didn't drop as low as it is now - presently units are selling for $20 just as they were a decade ago. If it's accurate that working from home is on downslope, is there an upside for AP.UN that's not reflected in its current price - was it worth $50/unit in early 2020, or was that unsustainable even without COVID - and do you see any scenario where it might get back to, say, 2/3rds of its early 2020 value?
And just generally speaking - do you think office REITs are out of the woods if current trends continue (and if interest rates come down over the next year or so)?
Thanks,
Peter
I'm mindful of your answers to recent questions about AP.UN (lukewarm response at best) but I do wonder;
Employers are said to be insisting more and more that employees get up, get showered, get dressed and get in to work at the office.
Pre-pandemic AP.UN was in the $50.00 range, and even in the midst of COVID it didn't drop as low as it is now - presently units are selling for $20 just as they were a decade ago. If it's accurate that working from home is on downslope, is there an upside for AP.UN that's not reflected in its current price - was it worth $50/unit in early 2020, or was that unsustainable even without COVID - and do you see any scenario where it might get back to, say, 2/3rds of its early 2020 value?
And just generally speaking - do you think office REITs are out of the woods if current trends continue (and if interest rates come down over the next year or so)?
Thanks,
Peter
Q: NWH.UN is up sharply today on high volume. Is there any news to justify this increase. Is it a buy or a sell
Q: Why the pop today. Any news?
Could it be pumping?
Thanks
Jeff
Could it be pumping?
Thanks
Jeff
Q: Hello 5i Team
Northview Fund (old ticker NHF.UN) is now trading as the new entity (Northview Residential REIT new ticker NRR.UN) on a post consolidated basis (1.75 NHF.UN = 1.0 NRR.UN).
1 - How does NRR.UN compare against the other Canadian residential reits?
2- Is it buyable or should I wait and see how the market likes it.
3 - Is there financial results available for the consolidated units or do I need to wait for Q3 quarterly results (available late October / early November).
Thanks
Northview Fund (old ticker NHF.UN) is now trading as the new entity (Northview Residential REIT new ticker NRR.UN) on a post consolidated basis (1.75 NHF.UN = 1.0 NRR.UN).
1 - How does NRR.UN compare against the other Canadian residential reits?
2- Is it buyable or should I wait and see how the market likes it.
3 - Is there financial results available for the consolidated units or do I need to wait for Q3 quarterly results (available late October / early November).
Thanks
Q: Hi 5i,
I believe in management and the long-term prospects of AP.un, so I want to hold on long-term.
On a couple of conference calls management has indicated there will be a large taxable event for unit holders because of the data center sale. I assume this will be a capital gain which may be a ROC of just a plain taxable capital gain. In any event, would it make sense to sell my units now resulting in a large capital loss and then buy the units back after 30 days. The loss will more than offset any gain the company would declare. If its a return on capital, I would use the loss to offset other gains in 2023. Your thoughts would be appreciated.
Do you anticipate much change in the unit price over the next 45 days? What do you think of this REIT long-term (3-5 years)?
Thanks for your opinion.
John
I believe in management and the long-term prospects of AP.un, so I want to hold on long-term.
On a couple of conference calls management has indicated there will be a large taxable event for unit holders because of the data center sale. I assume this will be a capital gain which may be a ROC of just a plain taxable capital gain. In any event, would it make sense to sell my units now resulting in a large capital loss and then buy the units back after 30 days. The loss will more than offset any gain the company would declare. If its a return on capital, I would use the loss to offset other gains in 2023. Your thoughts would be appreciated.
Do you anticipate much change in the unit price over the next 45 days? What do you think of this REIT long-term (3-5 years)?
Thanks for your opinion.
John
Q: Hi 5i,
A coupla questions, please deduct accordingly:
1. I've just received the following cautionary analysis regarding DIR.UN, and wonder if you would provide your comments on the points raised. I'm interested in acquiring DIR.UN but am concerned about the stated risks.
Currently, the following risks have been identified for the company (DIR.UN):
Major Risk
Debt is not well covered by operating cash flow (8.6% operating cash flow to total debt).
Minor Risks
Dividend is not well covered by earnings (dividend per share is over 12x earnings per share).
Profit margins are more than 30% lower than last year (63% net profit margin).
Shareholders have been diluted in the past year (3.1% increase in shares outstanding).
2. Could you also provide your analysis on BTB.UN based on the same criteria as applied to DIR.UN. I owned it years ago and enjoyed the yield, but became convinced it was too risky for my income portfolio. Now, years later, I see that while its unit price hasn't increased much, none of the fears materialized and had I held on it would have supplied decent income during that time. I'm considering re-entering.
Thanks 5i - much appreciated.
Peter
A coupla questions, please deduct accordingly:
1. I've just received the following cautionary analysis regarding DIR.UN, and wonder if you would provide your comments on the points raised. I'm interested in acquiring DIR.UN but am concerned about the stated risks.
Currently, the following risks have been identified for the company (DIR.UN):
Major Risk
Debt is not well covered by operating cash flow (8.6% operating cash flow to total debt).
Minor Risks
Dividend is not well covered by earnings (dividend per share is over 12x earnings per share).
Profit margins are more than 30% lower than last year (63% net profit margin).
Shareholders have been diluted in the past year (3.1% increase in shares outstanding).
2. Could you also provide your analysis on BTB.UN based on the same criteria as applied to DIR.UN. I owned it years ago and enjoyed the yield, but became convinced it was too risky for my income portfolio. Now, years later, I see that while its unit price hasn't increased much, none of the fears materialized and had I held on it would have supplied decent income during that time. I'm considering re-entering.
Thanks 5i - much appreciated.
Peter
Q: Could you compare DIR.UN and NXR.UN?
Q: would like your opinion buy,sell,hold
Q: Thoughts on NexLiving quarter and share consolidation, is it looking better now since the last question couple years ago?
Q: What are your thoughts on REIT's as a whole, as the sector is getting beaten up. I know which one's you like based on other questions. I'm not a value investor, but I do like buying high quality names in beaten up sectors when investors think the sector is done. I did this with oil & gas 3 years ago. Do you think the quality names in the REIT sector are getting unjustifiably cheap and may be a screaming buy longer term? Or are there reasons to not be a big fan of the sector? thx
Q: Canada could have a construction/housing boom in the next few years. What equities would you buy to participate in this move?
Q: hi
How do you feel about Northwest Healthcare Properties?
Thanks
How do you feel about Northwest Healthcare Properties?
Thanks
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Canadian Apartment Properties Real Estate Investment Trust (CAR.UN)
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Granite Real Estate Investment Trust (GRT.UN)
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Dream Industrial Real Estate Investment Trust (DIR.UN)
Q: What are your favorite REIT's now?
Q: Can please comment on their Q2 2023 financial results? Stock popped on the news even though revenue, EBIDTA, EPS were all down y/y. Why?
Q: Your comments on the latest earnings of NWH.UN plus their debt level would be appreciated. Has the dividend been cut?Is it still a stock not worth owning?
Thanks
Dave
Thanks
Dave
Q: Can you comment on the recent quarter and how did it compare to expectations thanks