Post by
thenewsnake on Dec 23, 2020 12:42pm
BTB.UN
100% of rent collections May-Nov. 8.70% yield. AFFO payout: 76%, already cut. Debt is a bit high,but what's there not to like with RIO and HR yileding 6%
Comment by
CANCDN on Dec 23, 2020 1:24pm
Hard pass on any quebec based and managed REIT. 'BTB.UN is a giant turd!'
Comment by
hroark7 on Dec 23, 2020 1:32pm
Would be great if snake sells his RioCan and buys BTB.
Comment by
gashole on Dec 23, 2020 2:08pm
LOL !! I bought some TNT recently because I think its dynamite !! Seriously though, looks pretty solid and has 9.5% yield.. Any comments on it? I see there are lots of govt properties, and I took a 5k share position, nothing too substantial.. I want to know more before I go in deeper.
Comment by
CANCDN on Dec 23, 2020 2:43pm
TNT looks like the own lots of B class office properties, seems secure, but gorwth prospects are essentially zero. TNTs idea of development is demolishing a food court in Halifax to make more parking... Looks like a good company, but it doesnt interest me in the least.
Comment by
thenewsnake on Dec 23, 2020 1:53pm
They got properties in Ottawa. Its all about that FFO. This isnt cominar, pullup the 5 year chart on BTB. Very stable and $5+ before the crash. BUY BTB TODAY!!!!!!!!!!!!
Comment by
Sapho on Dec 23, 2020 2:05pm
There is not much voulume on BTB. When you try to sell it you will have hard time, Not much growth IMO. i once hold it long ago.
Comment by
CANCDN on Dec 23, 2020 2:39pm
BTB is down 3cents today and is a giant TURD