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Bullboard - Stock Discussion Forum Nexus Industrial REIT T.NXR.UN

Alternate Symbol(s):  EFRTF

Nexus Industrial REIT is a Canada-based open-ended real estate investment trust. The Company and its subsidiaries own and operate commercial real estate properties across Canada. It has a portfolio of industrial, office and retail properties in Canada, with a focus on acquiring and owning industrial properties. The Company owns a portfolio of 115 properties (including two properties held for... see more

TSX:NXR.UN - Post Discussion

Nexus Industrial REIT > Poster BUBBA was right,,,,,,,,,,,,,,,,,,,
View:
Post by Red_Deer on Nov 30, 2021 4:22am

Poster BUBBA was right,,,,,,,,,,,,,,,,,,,

In a Post which now seems to have been removed__Poster BUBBA pointed out how this Board has been completely taken over and ruined the past few weeks.

Below is the VERY LAST REAL POST made on this Board__the very last one that ACTUALLY made some comments/observations relevant to NEXUS.

BUT this Post has been BURIED by the following 2 FULL Pages of Posts__@ 20 per page that is 40 Posts__of nothing but some VIDEOS and endless Repeated Back and Forth ""He Wrote_She Wrote"" Posts__Exactly as Poster BUBBA made comment on.

Sure would be nice to have a return back to the WAY IT WAS eh !!!!!!!


November 28, 2021 - 11:43 AM
137 Reads
Post# 34173490

An interesting Seeking Alpha article about DIR.un ...

.... particularly the part about issuing secondary offerings above NAV as per the following excerpt:

  • "Dream continues to issue stock above NAV, which essentially is a non-dilutive way to fund expansion, as the stock issues actually increase the NAV."
https://seekingalpha.com/article/4471336-dream-industrial-stock-a-4-2-percent-yield-from-a-growing-warehouse-reit?mail_subject=dreuf-dream-industrial-reit-a-4-2-yield-from-a-growing-warehouse-reit&utm_campaign=rta-stock-article&utm_content=link-2&utm_medium=email&utm_source=seeking_alpha

Since BMO provides the following statistics in their NXR.un update, we can assume that the secondary offerings have the same characteristics as the DIR.un offerings (i.e., non-dilutive and incremental to NAV):

NAV $11.50 
Prem/(Disc) to NAV 9.9%
Comment by GassXX on Dec 08, 2021 12:30pm
  interesting
Comment by Jtpatrol1 on Dec 08, 2021 12:41pm
Comment by Jtpatrol1 on Dec 10, 2021 2:26pm
Comment by Red_Deer on Dec 08, 2021 12:39pm
Comment by SuperDude2 on Dec 10, 2021 2:20pm
This post has been removed in accordance with Community Policy
Comment by SusanBolland on Jul 10, 2022 5:43am
  Red makes an excellent point
Comment by SusanBolland on Jul 11, 2022 5:18am
Comment by Karren411 on Jul 11, 2022 5:22am
Comment by Jtpatrol1 on Jul 27, 2022 6:23am
  Red makes an excellent point
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