Q: NWH.UN has moved up about 10% the past several weeks after a long decline over 2 or 3 years. The stock is trading slightly below book value with a low P/E of 5.3. Do you think the stock has room to increase further?
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Investment Q&A
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Q: Hello again: I meant to include this property in the question I asked earlier this morning, but please feel free to charge me another credit. Northwest healthcare was unloved by most analysts for the last couple of years but they seem to have turned the corner in terms of investor sentiment since the stock price is up $2 on what was a $7.50 stock at its low. Is this kind of increase justified in your opinion and what is your view on its prospects going into the future. I notice that they hold the second highest percentage of their holdings in Brazil (although it is still a distant second to their Cdn. holdings) and could this be a concern given Brazil's current economic malaise? Thanks again, Don
Q: Not sure what I'm doing wrong in the new format. I asked for a search on northwest healthcare reit but got no responses under either format. I'm pretty sure that there have been questions about this reit before, although perhaps I'm mistaken. Any suggestions?