Post by
thenewsnake on Aug 15, 2020 11:15am
LOOK AT THIS
I own PRV.UN and trying to figure out why it's outperforming RIOCAN:
Debt/BV
PRV.UN- 58%
RIOCAN- 44%
DIV Yield
PRV.UN- 8.25%
REI- 9.20%
AFFO PAYOUT RATIO
PRV.UN- 87%
RIO.UN- 80%
RENT COLLECTIONS
prv.un- 97%
rio.un- 88%
Market is anticipating more lockdowns ?
Comment by
thatsmyname on Aug 15, 2020 1:17pm
Perhaps it's going through a small pump right now, next week you will find out if it stays up.
Comment by
thenewsnake on Aug 15, 2020 1:55pm
I think its moving up to its post-lockdown price, which RIOCAN should have been doing by now
Comment by
milliontrader on Aug 15, 2020 2:59pm
What's the rush snake? I still need another 30k shares to retire Let it sit here in 15 for another year
Comment by
thenewsnake on Aug 16, 2020 11:14am
Just came back from a Riocan plaza- Loblaws, Shoppers, Dollarama, medical offices, Tim Hortons, LCBO, Wendy's, a few restaurants now open. You'd have to be a fool to sell because "some commercial tennants" are not renewing their lease.
Comment by
Sapho on Aug 16, 2020 11:38am
I do trust a company which is way bigger than REI and the owner is well respected. Why do you think retail REITS are at this level. First of all with Fall appraching real fast. We will see slow down and increase in infections. People are also out of money. Good luck to you.