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Bullboard - Stock Discussion Forum Primaris Real Estate Investment Trust Tr Unit Ser A T.PMZ.UN

Alternate Symbol(s):  PMREF

Primaris REIT is Canada's only enclosed shopping centre focused REIT, with ownership interests primarily in enclosed shopping centres that are dominant in their trade areas. The portfolio totals 11.4 million square feet and is valued at approximately $3.2 billion at Primaris' share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform. Primaris REIT is very well-capitalized and is exceptionally well positioned to take advantage of market opportunities at an extraordinary moment in the evolution of the Canadian retail property landscape.

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@ the Bell: The dead cats bounce again
Canada’s main stock index surged on Monday in a broad increase across sectors led by the energy sector. The price of oil topped US$80 a barrel.Major indexes on both sides of the border ended a... read article.

PMZ SHORTS SHOULD BE VERY NERVOUS- HERE ME OUT

If you look at the chart this has gone from low $12's to $16+ and $14.86 in literally 2 weeks, on 2 occassions. That's a pretty big squeeze and 30% upside.    Likely will happen...read more

Tenet Announces Short Form Prospectus Public Offering

The net proceeds raised under the Offering will be used by the Company to launch, market and operate its Business Hub™ in North America, to help with the continuing expansion of its services in China, as well as for working capital and general corporate purposes. ...read more
@ the Bell: U.S. markets decline amid new inflation numbers
American investors sold off in the equity market Friday, after the U.S. Department of Commerce released new numbers showing the rate of inflation is outpacing predictions. The three major American... read article.
Buzz on the Bullboards: Laying plans
It’s been a busy week for the markets, which means a busy week for the Bullboards. From new sector mainstays to sudden investment opportunities, we saw a bit of everything over the last week.On... read article.

Hopefully the market shows more respect

For their insanely low 28% debt level, not going to be much affeected by rates.  free cash flow for NCIB or debt, and continued earnings per share growth.  I think we will hit $14-15 again...read more

BRING IT

Q3 earnings and CC announced. Every earnings this has rallied to $14.20 and $14.85.  Hopefully another solid quarter and the NCIB reaffirmation will give this a solid boost. ITS NOT TOO LATE TO...read more

New Press Release - Primaris REIT Announces Financial Results Release Date, Webcast, and Conference Call

Primaris Real Estate Investment Trust(“Primaris” or the “Trust”) (TSX: PMZ.UN) will be releasing its financial results for the quarter ended September 30, 2022, on Wednesday, November 2, 2022, after the market closes. Senior leadership will be hosting a conference call and webcast presentation on...read article.

T.PMZ.UN = NOTED: X Date is WEDNESDAY SEPT 28th

Ex-Dividend Date28 Sep. 2022 Dividend Payment Date17 Oct. 2022 Monthly Distribution / Current Yield$0.0667CDN / 6.424% Market Cap$1.26B P/E Ratio5.24 Estimated Earnings— ...read more

Ncib

Clearly the only reit buying back it's units.  rate and reply

Another run for $15 coming soon...

PMZ is literally the only REIT that is nowhere near its July lows of $11.92.   Sitting 15% above while   REITS have retested their lows right now is pretty solid.  Now, Q3...read more

T.PMZ.UN = Got Paid "TODAY" SEPT 15th :>))

NEXT Ex-Distribution Date28 Sep. 2022 NEXT Distribution Payment Date17 Oct. 2022 Monthly Distribution / Current Yield$0.0667CDN / 5.907% Market Cap$1.35B P/E Ratio5.70...read more

RE:The Primaris first year is amazing

Yeah, based on their Q1 AND Q2 financials this should be $18.00+.  market smoking some crack  rate and reply

The Primaris first year is amazing

Here is just one of many success stories https://retail-insider.com/retail-insider/2022/09/sherwood-park-mall-near-edmonton-adding-new-retailers-amid-leasing-activity-interview/  rate and reply

ALL EYES ON AUGUST CPI NUMBER NEXT WEEK

I like to think we're back on the upswing after today and getting a bullish CPI number can push us back to $15ish.  Probably going to see-saw for a bit until more hikes and less inflation...read more

Not a bad day

After sinking for 3 weeks straight.    rate and reply

New Press Release - Primaris REIT Announces Distribution for September 2022

Primaris Real Estate Investment Trust (“Primaris REIT”) (TSX: PMZ.UN) announced today that its Board of Trustees has declared a distribution of $0.0667 per unit for the month of September, 2022, representing $0.80 per unit on an annualized basis. The distribution will be payable on October 17...read article.

WOW

By end of year they will have 85% unecumbered asset pool.   Man after 1 year of NCIB adding 0.02 FFO and if they can get FFO above 40 cents next couple quarters with the economy coming out...read more

NCIB IS UP

20K a day FOREVER  rate and reply

Considering most REITS around 52 week lows...

or lower, PMZ is holding up a bit better, which it should be after the got serious with their Q2 beat and showed consistent 0.40 FFO.   If the economy and interest rate situation wasnt bleak...read more

beyond sickened here

The only people make money here is traders and shorters.  Dyfunctional market valuing these reits at 40% off  rate and reply

GETTING SPANKED LATELY

RETRACED $1.20  rate and reply

OUCH

Turd really like the $13's.   With 1.80 FFO/year this is basically a steal  rate and reply

RE:RE:Thoughts on H&R versus Primaris

HR REIT has more desirable assets in its mix. Primaris has a major development wing with 4  large active development projects mat  rate and reply