TSX:SRU.UN - Post by User
Comment by
logicandinertiaon Apr 12, 2021 9:17am
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Post# 32976362
RE:SRU passive investor response
RE:SRU passive investor response10 YEARS AGO, on April 8, 2011, Riocan and SmartCentres' share prices both closed at ~$14.
As of last Friday, the closing prices were: RIOCAN : $20.19. SRU: $27.77
Distributions over the past 120 months have been: RIOCAN: $14.02. SRU: $16.70
Ultimately, this is all we really care about as investors - distribution growth, capital appreciation and good stewardship under current management. The investors, both institutional and retail, who have backed SMARTCENTRES over the past decade, buying up equity and debt deals, are excited at the vision and execution delivered by management.
There are a myriad of reasons why SRU has outperformed RIOCAN materially on a TOTAL RETURN basis. It dilutes your own investment performance by wasting time on companies you don't plan on owning. There are so many fertile opportunities in today's investing landscape.
Good luck...