TSX:REI.UN - Post by User
Post by
WealthPlaybookon Aug 21, 2020 12:02am
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Post# 31436935
Cash For Life Until it Doubles in Price
Cash For Life Until it Doubles in PriceI am heavily invested in REI.UN. It is my largest position.
I believe the company is significantly undervalued at the current price and the estimated value should be FFO x 15.
Projected FFO for 2020 = $1.60
$1.60 x 15 = $24 Fair Valuation.
My detailed thoughts on the investment are here. Enjoy and happy investing!
RIOCAN = Cash For Life Until it Doubles in Price!