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PRO Real Estate Investment 8 Convertible Unsecured Subod Debentures T.PRV.UN


Primary Symbol: T.PRV.DB Alternate Symbol(s):  PRVFF

PRO Real Estate Investment Trust is a Canada-based open-ended real estate investment trust. The Company owns a portfolio of commercial real estate properties in Canada, with an industrial focus in robust secondary markets. The Company’s segments include three classifications of investment properties: Industrial, Retail and Office. All of the Company’s activities are located in a single segment, Canada. With a concentration in eastern and central Canada, its industrial-focused real estate portfolio consists of commercial properties located in secondary markets. It has approximately 123 properties, including MONCTON, NEW BRUNSWICK, Amherst, Nova Scotia; L'ancienne-Lorette, Quebec; Daveluyville, Quebec; Saint John, New Brunswick; Miramichi, New Brunswick; Woodstock, New Brunswick and others. The Company’s properties are located in Western Canada, Ontario, Quebec and Atlantic Canada.


TSX:PRV.DB - Post by User

Comment by Amadeus2011on Aug 12, 2022 8:42am
116 Views
Post# 34890836

RE:This is getting alot of frustrated comments

RE:This is getting alot of frustrated comments Absolutely correct. This is a not a stock for day trading, nor is it ever going to be a quick double .
This is a "steady as she goes" kind of stock that is realtively safe and stable. With the exception of a knee jerk dip at the start of 2020, the 5 year chart shows that this stock generally always trades right about where it is (perhaps a tad closer to $7 but not much).
So if you're looking for a quick trade, take the advice of Shirtless and look elsewhere.
This is more like a high return savings account IMO.
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