TSX:NWH.DB.G - Post by User
Post by
ScroogeMcDuck1on Mar 03, 2024 12:08pm
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Post# 35912032
Where are we at here?
Where are we at here?I haven't looked at this stock too deeply until now, am surprised by its massive volatility, considering they cut the div to a supposedly sustainable level. But the price action tells me its either manipulated or there is a legitimate fear of things worsening. So what is the case for it worsening? Assuming stable rents and occupancy, the general operations are fine. The massive 10% debts they are paying... how can that get worse? I see huge debt rollover in 2025, is this the weight that drags this thing down? So what is the way out here... just sell assets and pay debts and pray for rate cuts? Explain how this can get either better or worse from here. Is another div cut realistic?