Q: Hello, your last comment regarding MRC indicated an investor presentation earlier this month. Was anything gleaned from same. It is priced today at .8/book so is very cheap. I am thinking of buying for capital appreciation. Is it presently a buy? Thank you, Bill Y
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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: Hi Peter and Ryan
Re: BOX.UN
My understanding is that this company represents the non-controlling interest of the former BPO (Brookfield Office Properties) acquired by BPY. That said, it would seem that BPY would be very much interested in consolidating the office properties portfolio into one company by taking out the BOX.UN shares especially since there appear to be only 26M shares outstanding.
BOX.UN appears to have investment merits on its own given the quality of assets and that it is under the Brookfield umbrella but do you think any attempt to acquire the outstanding shares of BOX.UN by BPY would be undertaken at much of a premium to market?
Thank you
Re: BOX.UN
My understanding is that this company represents the non-controlling interest of the former BPO (Brookfield Office Properties) acquired by BPY. That said, it would seem that BPY would be very much interested in consolidating the office properties portfolio into one company by taking out the BOX.UN shares especially since there appear to be only 26M shares outstanding.
BOX.UN appears to have investment merits on its own given the quality of assets and that it is under the Brookfield umbrella but do you think any attempt to acquire the outstanding shares of BOX.UN by BPY would be undertaken at much of a premium to market?
Thank you
Q: I would appreciate your outlook for Brookfield Property Partners (BPY.UN)
Thanks
Thanks
Q: RLC recent results look very good, with strong growth in Rev, NOI and AFFO. They have announced another fin/acq. at $7.65. I know you are critical of serial financings but if the growth is there and distributions are solid , would you not recommend at this price? thanks
Q: Please give me your opinion on temple hotelsTPH.Thanks Jim
Q: tph What do you think of their latest results. thanks
Q: Hi-
could you please provide a few Reit picks for income and some growth? Thanks
could you please provide a few Reit picks for income and some growth? Thanks
Q: OK, I'm confused. Have looked on Globe and Mail and TDWaterhouse to get info on Dundee International DI.UN. Both have indicated this does not exist. My understanding this is listed on the TSX, if not, where is it listed?
Q: Hi Peter & Co.
I noticed that the stock price of Genesis Land Development of Calgary had a substantial rise in April then fell off a bit and is now approaching the highs again. Can you shed some light on this recent positive market action and would GDC be a buy now?
I noticed that the stock price of Genesis Land Development of Calgary had a substantial rise in April then fell off a bit and is now approaching the highs again. Can you shed some light on this recent positive market action and would GDC be a buy now?
Q: I am seeking your comments on Dream Global REIT, DRG.UN.
I came across this stock in my browsing. It has a tempting dividend. It is international exposure through a Canadian vehicle. Can this be held in an RRSP? What risks do you see?
Thank you
I came across this stock in my browsing. It has a tempting dividend. It is international exposure through a Canadian vehicle. Can this be held in an RRSP? What risks do you see?
Thank you
Q: Peter and Co.
Wayne asked about CI financial(CIX) today 15 May. In your reply you mentioned that Scotiabank (BNS) had bought Dundee of which I was not aware. I also read approximately 3 weeks ago that the Dundee companies were hard to analyse/understand. I wonder if you could give me your opinion of Dundee. I have DI and D. Thanks in advance. Your work is very much appreciated.
Gary
Wayne asked about CI financial(CIX) today 15 May. In your reply you mentioned that Scotiabank (BNS) had bought Dundee of which I was not aware. I also read approximately 3 weeks ago that the Dundee companies were hard to analyse/understand. I wonder if you could give me your opinion of Dundee. I have DI and D. Thanks in advance. Your work is very much appreciated.
Gary
Q: REITS
Hi There
Leaving aside sector type and geography, which are the three or four most important financial parameters in assessing a REIT for sustained income and a little growth and what would be the limiting min or max values?
Thanks as always.
Hi There
Leaving aside sector type and geography, which are the three or four most important financial parameters in assessing a REIT for sustained income and a little growth and what would be the limiting min or max values?
Thanks as always.
Q: An offering of Artis REIT ( AX.UN ) came up yesterday , but it didn't sell out in the usual 10 minutes... I bought some a position at less than market and I notice it is still on the New Issue list this morning ( which surprises me ) . 6% yield . Are people justifiably shy of Office Space REITS ?
Q: I am thinking of switching from MRT.UN to MRG.UN to convert from an office/retail focus to a residential one with the view that future interest rate rises might be better absorbed by the residential sector. I would appreciate your view of this exchange.
Q: PLZ Plazacorp. It has been almost 6 months since you commented on Plazacorp, and given that interest-sensitive stocks/units have come somewhat back into vogue in that time, is Plazacorp a solid, long-term investment today? Thank you as always...
Q: Morning,
In response to Ben's question about REIT or corporate structure, I believe the main reason is one of income tax. The REIT structure passes the tax liability to the unit holder and therefore the pension plans would not pay tax on the higher income they receive. They don't pay tax on the income from a corporation either, but the corporate entity does.
Regards
John
PS Post if you wish
In response to Ben's question about REIT or corporate structure, I believe the main reason is one of income tax. The REIT structure passes the tax liability to the unit holder and therefore the pension plans would not pay tax on the higher income they receive. They don't pay tax on the income from a corporation either, but the corporate entity does.
Regards
John
PS Post if you wish
Q: That was a great presentation on Tuesday. Well done. While I have you could I have an update on TZZ. I see it has broken to new lows, however I can not find a reason. Thanks in advance.
Q: If Target were to close its Canadian operations, which REIT(s) would be impacted most?
Q: Any thoughts on northwest health care? NWH.U.N looks like a stable business, 8% yield,trades at 10.5x.
Is the fear of rising rates holding it down? Seems kind of puzzling.
Philip
Is the fear of rising rates holding it down? Seems kind of puzzling.
Philip
Q: Hi There
I am thinking of replacing one of my long time (2002)holdings (2%) CAR.UN with MRG.UN. CAR has not increased its dividend very much over the last few years and appears to be stagnating from what I can glean. MRG appears to offer better metrics and better growth, as well as exposure to the US apartment market. I would appreciate your comments.
Thanks as always
David
I am thinking of replacing one of my long time (2002)holdings (2%) CAR.UN with MRG.UN. CAR has not increased its dividend very much over the last few years and appears to be stagnating from what I can glean. MRG appears to offer better metrics and better growth, as well as exposure to the US apartment market. I would appreciate your comments.
Thanks as always
David