TSX:SRV.UN - Post by User
Comment by
BlueJay2020on Sep 08, 2021 4:07pm
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Post# 33826075
RE:Stabilized SP
RE:Stabilized SPI hope that's not a premature call! I think we're in a bit of limbo in terms of seeing what traffic is going to look like over time. I think 7 cents a month is locked in for the next 9 months and that will support the SP - if it increases over that time, then I think that will be a real catalyst and a sign of confidence. There's only so long that a restaurant stock can pay circa 9% distributions. I don't foresee a big drop from here as it would be political suicide to go into lockdown again now.
Robsopinion wrote: I really feel that we have hit a nice plateau now. People who wanted in, are in. People who wanted out, are out. We have transitioned back to this being a buy and hold, income investment, which is where it has always been traditionally. With the last crazy 18 months behind us we can go back to focusing in on our other investments and just collect that nice, juicy, monthly distribution.