Post by
materialsgirl on Dec 10, 2020 10:08am
Only one downside
Minto will grow to about 20,000 suites in the 2025 -2030
timeframe.
There is only one slight negative; payout is miserable.
We can see share price growth like this;
now $20.00
end of 2022 $28.00 (same as all time high)
end of 2025 $40.00 ( a double from now)
The scale will become much larger.
The ride will be boring but we will get to where we
want safely.
The 9% of assets in Alta will shrink to 4% due to
growth elsewhere.
The 6% (???) of assets in furnished apartments will
likely shrink to zero or near zero.
Get ready to be bored
mat
Comment by
incomedreamer11 on Dec 25, 2020 12:51pm
For me only one downside: external managment and I need to find more about contract with managment company