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

THE Q3 SQUEEZE HAS ARRIVED

[SNAKEYBOY]

From July 15 to Aug 10, REIT gained 15-25%.  WE ARE STARTING THAT AGAIN...TODAY!

[Reece1986b]

S&P 500 futures are up a further 1.8% tonight. November/December are historically very good months for the market and lots of companies will be doing buybacks again soon. I'm looking forward to Q3 REIT results. 

[Frankie10]

Historically... checks notes - worst performing bond market in the past decade... this time is different is not hyperbole. Share buybacks... I believe HR and Riocan stopped their NCIB. Careful, earnings season is going to be rough, then you have BoC announcement next week and the FED the following week... lots to consider prior to reit earnings release. Stay liquid.

[rad10]

It's like clockwork NCIB suspended at exactly the wrong time.... should have saved the powder.  I'm happy to be adding

[Frankie10]

No NCIB... *insert Thanos meme* "fine I'll do it myself."

[SNAKEYBOY]

I totally agree.....the should NCIBing it up and if anything,, PAUSE the ncib at $12.00+.  That is cautious.  They will likely resume it when things look rosey in a few years and SP would have already recovered

[Frankie10]

They are managing cashflow. Being very defensive now that they realize they may not be able to sell properties to raise capital. As the cost of debt rises, cashflow that would have been used to buy back shares is likely being reassigned to development budgets to reduce the amount of debt rolling to higher rates and/or not taking on more debt at higher rates. Management isnt stupid, they see the