Post by
my2pennies on Jun 11, 2021 12:30pm
$7 Dollar Load Up
Loaded up in the mid-low $5s, and now loading up again at $7. When the distribution is increased back up to 80%-ish percent of the current AFFO this puppy is going yield me a nice 13% annually (at my cost basis) with lots of potential for capital gains. Another great pandemic bargain; especially as the bargains are quickly disappearing. The last 12 months in the stock market has been like shooting fish in a barrel....even for a complete amateur investor, like myself.
Comment by
slst on Jun 15, 2021 2:57pm
OOPS...in my last post, I ment to say at todays price the restored distribution would be nearly 14% annually ...NOT including Capital Gains, when the price goes back to its historical price. Net Asset Value or Book Value is $18 per share...Seems like real Deep Value discount to me. This is Land and Buildings in Canadian Towns and Cities. Do your own due Deligence.
Comment by
my2pennies on Jun 17, 2021 10:02am
The $7.01 load up was nice while it lasted. I've hit my personal max quota on MRT so now it's time to sot back and let the late comers drive this baby to $8+ in the coming months.