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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: Markets across the globe see red
Canada’s main stock index was down by triple digits come Wednesday’s close, amid losses in the energy, base metal, and technology sectors. Telecom and industrials moved higher. ... read article.

Does this REIT do anything?

but go down.  serious question.   rate and reply

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 June 30, 2022, on Wednesday, August 3, 2022, after the market closes. Senior leadership will be hosting a conference call, webcast and presentation on...read article.
@ the Bell: Caps on Russian oil not enough for the TSX
Following a new round of restrictions announced at a meeting of G7 leaders capping prices on the sale and purchase of Russian oil, Canada’s commodity-heavy main stock index came out of the gate... read article.

ONLY HOPE

If reit sector creeps up 3% by Q2 earnings in August, outperformers will be rewarded with additional 5-105 upside.  $14-5 range by then, then will likely FLOP again  rate and reply

IS DOW LOST 700 PTS AND TSX 300

This would have tanked 4%.  Crazy it couldnt participat in any upside today  rate and reply

ANOTHER SUB PAR DAY WHILE MARKETS EXPLODE HIGHER

Man they built this REIT with the best in class principles and balance sheet and its trading the lowest by a wide multiple.  Q2 better light a fire back to $15+  rate and reply

$12.25 FOR $22.09 REIT

With 28% debt. This is insanity  rate and reply

NO RESPECT FOR THIS ONE

They can literally pay out a 13% dividend with < 100% FFO.  NO RESPECT HERE.  NONE  rate and reply

ALGOS CONTINUE TO PUNISH THIS

Have no clue how management doesn't team up with HOPP and some other institutions and adress this MASSIVE $10 GAP in unit price.   rate and reply

CRAZY MAN

If you pull the REITS balance sheet an Q1 financials, then apply the industry standard multiples to arrive at a unit price, should be $18 easy.  With $14 being even the cheapest among other...read more
Buzz on the Bullboards: Another summer of uncertainty?
In times of uncertainty in the markets, investors tend to focus on more consistent plays.Not all investors are basking in summer vacations and backyard barbeques. For those who are still plugged... read article.

RE:RE:WHY HOOPP BUYING THIS OUT IS NOT FAR FETCHED

Lol, I take great offense to this.  rate and reply

RE:WHY HOOPP BUYING THIS OUT IS NOT FAR FETCHED

The HOOP investment team are a lot smarter than we are.  GLTA.  rate and reply

APPROACHING HOSTILE BID TERRITORY

$8-12 range I don't see how there will not be a hostile bidder.   It has to come from HOPPP because they wont sell their shares to another party at a discount and won't get approval....read more

GREEN DAY

TO GOOD TO BE TRUE.  UP 2% TODAY, THEN DOWN 6% MONDAY.  THATS THE REALITY WE ARE LIVING IN  rate and reply

WHY HOOPP BUYING THIS OUT IS NOT FAR FETCHED

3.1 billion in assets, 2.2 billion in equity, 900 million in debt.  2.2 billion in equity, with $11.00 share price (let's assume it gets there on weakness), that's 1.1 BILLION in market...read more

Avery

Before Avery used to buy directly and indirectly almost everyday.  The fact that it hit new lows today and he stopped buying means even he is likely getting nervous or tapped out.  ...read more

New Press Release - Primaris REIT Announces 2022 Annual General Meeting Voting Results

Primaris Real Estate Investment Trust (“Primaris REIT”) (TSX: PMZ.UN) announced today that each of the trustee nominees listed in the management information circular of the REIT dated May 13, 2022 were elected as trustees of the REIT at the annual general meeting of unitholders held on June 16...read article.

Would love to see a HOPP buyout

With how my portfolio looks Ill take a $15.00 and run  rate and reply

Got Paid "TODAY" JUNE 15th :>))

@  6.67 cents CDN  per share Monthly =  6.258 %  return    ;>O  rate and reply

HOLY SMOKES

MY PORTFOLIO LOSES 50K A DAY FOR PAST 5 TRADING DAYS.   WHEN WILL IT END?   rate and reply

RE:RE:RE:I REALLY HOPE MANAGEMENT GETS CREATIVE

In that scenario, you fail to see that the market would be signaling that NAV is incorrect. You wouldn't want that buddy.  rate and reply