TSX:AD.DB.A - Post by User
Comment by
retiredcfon Feb 02, 2022 6:17am
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Post# 34388113
RE:RE:MarketCall Michael Sprung Comments
RE:RE:MarketCall Michael Sprung Comments BUY
Alaris Equity Partners Income Trust(AD.UN-T)
31/01/2022 at 07:00pm
The dividend is sustainable. Things are going much better than before; post-Covid there will be some upside to payout. Their balance sheet is in better shape than last year. He's owned this through thick and thin over the years. The PE remains reasonable, though ideally should be around 25x. They will be allowed to reopen their fitness operations. Their cosmetic surgery business is doing well. Payouts can rise in coming years. He remains positive about Alaris.
TRUST, SAVINGS AND LOAN
Michael Sprung
$17.990
Owned