Q: Trying to make a decision to buy a small amount (2.5% weighting) in Cominar. Some points:
The 11% yield is or is not covered by cash flow? Ross Healy on BNN says it is and gave it a top pick.
It has so so buildings in Quebec but does seem to be turning them around. A family owns 5%.
Analysts seem to think that if they cut the distribution (to a probable 6-7%0 the stock would go UP.
Is it a buy? Any other factors I am not considering? Thanks
Derek
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The 11% yield is or is not covered by cash flow? Ross Healy on BNN says it is and gave it a top pick.
It has so so buildings in Quebec but does seem to be turning them around. A family owns 5%.
Analysts seem to think that if they cut the distribution (to a probable 6-7%0 the stock would go UP.
Is it a buy? Any other factors I am not considering? Thanks
Derek
\