TSX:SGR.UN - Post by User
Comment by
Mirko22on Mar 30, 2022 2:23pm
221 Views
Post# 34559903
RE:RE:All Time High
RE:RE:All Time Highsclarda wrote: DanielDarden123 wrote
With high volume too! It looks like investors have finally recognized the valu here. As usual, many are buying when they are more comfortable instead of buying the deep value story before the recent rerating. Potential catalysts are difficult to uncover but worth the effort most times..
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While i like this company with the current surge in the shareprice i find it very tempting to sell my last shares. SGRs current dividend which is at aprox. 97% payout ratio of AFFO is yielding around 6.5%
If i were to sell 1000 shares today i could get $17, 340. 00 Those same 1000 shares payout a dividend of aprox. $1,080 Cdn. per year. At that rate it would take over 15 years to get the $17,340.00 that i can get tommorow from selling 1000 shares.
With inflation out of control, higher interest rates and massive debt worldwide ready to pop the real estate, stock market bubbles etc and with a few more things like Ukraine thrown in for good measure who is to say that we dont have a major correction in the markets one of these days?
Can anyone give me a good reason not to sell especially since i would have a very nice profit on these shares?
Very question. I just got this stock with large quantities and i am already uo 6 figures. I will wait a few more days to see the trend, If the trend continue to ben upwards . I will sell and move on, I am income investor. The apppreciationf SP has been pleasent suprise.