TSX:NWH.DB.G - Post by User
Comment by
DanielDarden123on Feb 14, 2023 3:50pm
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Post# 35285981
RE:Thoughts?
RE:Thoughts?TheBridge wrote: Just wondering about the growth potential here. At the current $9.72 share price if it could hit the $12
point in one year that would prove to be a 29% gain plus the dividends during that year. Is that taking a huge risk? Is that possible in a year? Do they have the potential to regain their footing?
On a risk /reward scale I would lean toward a net reward. However, I would not expect $12 in a year given the current rate environment. Longer term the proposed JVs will materialize and should be a catalyst as debt will be reduced drastically and management fees will accrue.
I would make a distinction between the potential of the company and the potential share price. The distribution will be more attractive in a decreasing rate environment whenever that happens. Until then short term interest rates are attractive as an alternative and will be a drag on the unit price.