RE:RE:RE:Revenue streamBlueJay2020 wrote: The worry I have about diversifying is that investors seem to like pure plays these days - which doesn't make a lot of sense to me personally, but...look at how poorly Diversified REITS are doing. Perhaps it's due to momentum investing, I don't know. Personally, as long as it was accretive, and as long as management are able to give enough focus to each piece, I'd be happy with more acquisitions.
It lets value investors get better investments for cheaper. By buying at a lower price, you'll either get a better dividend or more money reinvested in the business. Multiples will tighten at some point.