H&R Real Estate Investment Trust T.HR.UN

@ the Bell: TSX makes a comeback

[Jon Brown]

Shaky metal prices were offset by a jump in oil prices. The TSX’s gains were limited by weakness among healthcare shares. read article.

[Torontojay]

Affo can fluctuate with incoming economic data. Affo is an attempt to "normalize" funds from operation on a forward looking basis. The problem is they are "normalizing" forward

[Jon Brown]

Buzz on the Bullboards: Markets underperforming, or is the best yet to come? The September rally didn’t pan out as indices hit lows. read article.

[SNAKEYBOY]

Trading a 9.5x AFFO for a reit that has very little office, and high quality office at that.  Even if AFFO goes to 0.20 in upcoming quarters its still around 11.5x AFFO.   Werent they

[Jon Brown]

Oil prices jumped, but Canada’s main stock index fell further. Energy was the only standout, with the tech sector logging some gains. read article.

[SNAKEYBOY]

Sickening part is people on other side of the trade have been raking in millions all year.  Powells buddies 

[SNAKEYBOY]

POWELL REALY SINKED THESE REITS.  THREW THEM OFF A CLIFF ACTUALLY

[SNAKEYBOY]

The sharks on wall street want to flush us and will stop and nothing

[TimeBuilder]

Pay Day is OCT 16 th   ;>)

[spacegimp]

It's all about forward AFFO , and a fair multiple on that in a healthy market I would say is around 14. Easy to imagine HR having 20 cents/share AFFO by next spring due to debt cost grinding

[Torontojay]

Buy when you're on page 10 of the newspaper and sell when you're on page 1.  What page of the newspaper is H&R on? Maybe 7? 

[SNAKEYBOY]

And breaking to the downside. Thanks POWELL!

[autofocus111]

I am watching and waiting as well.  A posted on SA put up a link that may be of interest to folks here. Many good articles on the state of the US real estate market. https://m3melody.substack

[CptnBlueberries]

I think I'm with you and the central bank confirms in December that we're officially in a recession since around the end of summer. Next retail fins are going to be pretty bad, it's not

[SNAKEYBOY]

No.  I'm the REIT GURU 

[CptnBlueberries]

Your comments makes it look like you're 100% into reits with no sector diversification whatsoever, don't you have stocks in other sectors that do better and counterbalance this? Like say oil

[SNAKEYBOY]

Every single shareholder that b ought past year is in the red.  Despite NCIB running and selling assets at FMV.  Just sickening what theyre doing to these reits

[Frankie10]

Hey Jay, I have lots of dry powder. :) You very well may be correct and the price goes lower. That said, I don't try to time the market like a light switch, I manage liquidity and risk more