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Bullboard - Stock Discussion Forum RioCan Real Estate Investment Trust T.REI.UN

Alternate Symbol(s):  RIOCF

RioCan Real Estate Investment Trust is a Canada-based real estate investment trust. The Company owns, manages, and develops retail-focused mixed-use properties. Its portfolio includes leasing, development, and residential. The Company’s properties are held by various tenants, such as grocery, pharmacy, liquor, personal services, and specialty and value retailers. The Company’s portfolio is... see more

TSX:REI.UN - Post Discussion

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Post by Shirtlessnomore on Jan 02, 2021 10:29pm

2021

Injection into markets with new tfsa contributions, covid disappearing, big ticket spending when people refinance mortgages, real estate prices going higher, lots of renovations, probably alot more travel (well even right now is a good time to travel according to our former finance minister), new business acquisitions and development. My guess is this is easily 20 before its 13. Time will tell
Comment by BlueGuitar1 on Jan 03, 2021 1:33am
@shirtlessnomore- you are looking at things through rose colored glasses.   The macro picture does not agree with your positive vision.  So much cheap money and so much margin buying will make for a disaster in the days ahead.  The stock market is artificially held up.  Covid is not going away as quickly as you want to believe.  Guaranteed no theatres, no live ...more  
Comment by Mirko22 on Jan 03, 2021 9:57am
These so called investor in REI have no clue, They hear about vaccicine and they all jump for joy but COVID not going away,.. Buy back at 14 or 13, Truth will come out that ED finaincals are  skewed,
Comment by juniorbullalive on Jan 03, 2021 11:36am
This post has been removed in accordance with Community Policy
Comment by thenewsnake on Jan 03, 2021 11:39am
Nice try.  Condos is in the GTA were up 20% in 2020.  The worst pandemic in history and people were calling for a real estate crash. 
Comment by gashole on Jan 03, 2021 11:52am
People will get used to it and live with it. It will be like the cold, floating around, it will slowly become less virulant like the spanish flu did... Eventually it might be gone, or linger, who knows... thats the future, all I know is people are not going to hibernate for much longer. Its getting to the point for some people they would rather take more risks of getting it... My step mom and ...more  
Comment by thenewsnake on Jan 03, 2021 12:10pm
Outside the LTC, the survival rate is 99.98%.  Add a vaccine to the mix and it will be 99.9998%. Why would we in a hibernation mode from 2021-2025 with this survival rate? You will have a depression epidemic
Comment by Tommy123 on Jan 03, 2021 12:28pm
This post has been removed in accordance with Community Policy
Comment by thenewsnake on Jan 03, 2021 12:39pm
It was open last April including movies and gyms. Why would this year be any different?
Comment by Shirtlessnomore on Jan 03, 2021 7:15pm
It wont be any different.
Comment by Shirtlessnomore on Jan 03, 2021 7:14pm
Agree, 3 scenarios will occur #1 we are in the window now where IF the lockdown works the cases should go down #2 if they dont go down they will have cake on their face AGAIN and will eventually realize that it's just something that we'll ALL have to live with until it's gone, the 3rd possible outcome is that the lockdown wont work and they will just blame people for not doing what ...more  
Comment by NPCexe on Jan 03, 2021 10:25pm
I agree, outcome 3 is exactly what we are in right now. No abatement in the rising cases, despite being locked down in toronto for months. That is why Sweden was so crucial a case in 2020, they never locked down, subways were packed, restaurants are STILL open indoors, schools are open. The west laughed at them and predicted in april that millions will die because of this, and that never happened. ...more  
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