OTCQX:PMULF - Post by User
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retiredcfon Aug 24, 2017 7:51am
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Post# 26615634
RBC Q2/17 Recap
RBC Q2/17 RecapNotwithstanding the recent miss in earnings, RUF.UN remains on their recommended list.
Not sure why we're getting different data on short positions. GLTA
"Second quarter results came in well below our expectations as higher property tax assessments, lower occupancy and two non-stabilized properties weighed on NOI margins. Operationally, Q2 was weaker than we expected, however, we expect temporary headwinds will abate in coming quarters and see an improving outlook for 2018."
Recommended REITs & REOCs – Outperforms include Allied Properties REIT, Brookfield Asset Management, Brookfield Property Partners LP, CAPREIT, Colliers International Group Inc., CREIT, Dream Global REIT, First Capital Realty, FirstService Corporation, Killam Apartment REIT, Morguard NA Residential REIT, Plaza Retail REIT, Pure Multi-Family REIT LP, RioCan REIT, SmartREIT, and Tricon Capital Group Inc.