Plaza Retail REIT T.PLZ.UN

Alternate Symbol(s): PAZRF

Plaza Retail REIT (Trust) is a Canada-based open-ended real estate investment trust. The Trust is a developer, owner and manager of retail real estate located primarily in Ontario, Quebec and Atlantic Canada. Its portfolio includes interests in approximately 234 properties totaling approximately 8.8 million square feet across Canada and additional lands held for development. The properties are indirectly held by Plaza through its subsidiaries and through joint arrangements. Its portfolio largely consists of open-air centers and stand-alone small box retail outlets and is predominantly occupied by national tenants with a focus on the essential needs, value and convenience market segments. The Trust's portfolio consists of Alberta, Manitoba, New Brunswick, Newfoundland and Labrador, New Brunswick, Nova Scotia, Ontario, Prince Edward Island, and Quebec.

TSX:PLZ.UN - Post by User

Plaza Retail REIT > The reason it is not up higher is 3 reasons. #3 being a BIG

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Comment by Blgvisclosedon Mar 05, 2021 9:59pm

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RE:RE:The reason it is not up higher is 3 reasons. #3 being a BIG

Only for a brief period PLZ touched past $5.20 a share. If they could get some share buybacks going, then they could raise some eyebrows from insritutional investors. The stock is off alot of investors radars due to the low share cost.

A reverse stock split of 3 to 1 would immediately get the share price over $10 and would get on institutional investors radars. Most institutions stay clear of stocks under $10. PLZ could be going places, but the share price being so low and the dividend being so high is not a great mix.

Reverse stock split would do no harm, lower there share count and get over $10 to get on the radar.

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A junior copper-gold stock trading at a bargain of monumental proportions