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Canadian Apartment Properties Real Estate Investment Trust T.CAR.UN

Alternate Symbol(s):  CDPYF

Canadian Apartment Properties Real Estate Investment Trust is a Canada-based provider of rental housing. The Company owns and manages interests in multiunit residential rental properties, including apartments, townhomes and manufactured home communities (MHC), principally located in and near urban centers across Canada. The Company owns approximately 64,300 residential apartment suites, town homes and manufactured home community sites located across Canada and the Netherlands, with approximately $16.5 billion of investment properties in Canada and Europe. The Company’s objectives are to maintain a focus on maximizing occupancy and responsibly growing occupied average monthly rent (Occupied AMR) in accordance with local conditions in each of its markets; grow FFO per unit, sustainable distributions and NAV per unit by actively managing its properties; invest capital within the property portfolio and adopt edge technologies and solutions; and maintain financial management.


TSX:CAR.UN - Post by User

Comment by KC8on Sep 15, 2018 6:06am
47 Views
Post# 28625405

RE:RE:Beautiful Chart

RE:RE:Beautiful Chart
RobertAhzek wrote:

 

jgzeger wrote: The chart of CAR.UN looks very neat with stairstep increases in the share price for the longest time without any serious corrections. In fact, it looks too neat, like it's someone's dream. I don't trust charts like this. There haven't been any shocks to weed out weak hands and everyone has been lulled into complacency and the optimistic belief that things will only get better. But we all know that there are always significant corrections even with the best stock. It's just a matter of time before it happens to CAR.UN. 

Robert - there is nothing wrong with taking a profit and congratulations on doing so.  You may have made a wise choice.  I also have just sold.  The relative strength indicator is currently at its highest level on the 3 year chart.  This may suggest a pull back may be soon coming.  I like this company a lot, but as you suggested, there is always a pullback at some point.  Best of luck going forward sir.


Gotta admit, I just sold. I know it's dumb to try to time the market but the price action that's happening right now kinda has to be a bubble.  This is a slow value stock, and it isn't supposed to organically gain 10% in 10 days. 

 

 



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