TSX:HOT.DB.V - Post by User
Post by
flamingogoldon Nov 25, 2022 11:51am
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Post# 35128314
This will follow CHR up
This will follow CHR upDistribtuions are safe (well below a 100% payout ratio) and still 70% below pre-pandemic levels so extremely conservative. Last 2 earnings were solid. So, what's the problem?
IMO, an out of favour equity and sector. Unloved and down in the dumps now. But, like CHR which continues to crawl out from covid era depths, the love will soon return here too. But, a little more patience needed as this will continue to feel some pressure through tax loss season before year end, maybe we see mid $2's, prices not seen since 2020 when no one was flying or travelling. What a steal that would be.
I am ready.