TSX:TNT.UN - Post by User
Post by
luscar99on Mar 20, 2024 3:19pm
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Post# 35943443
To recap
To recapFor the Office and Diversified REITs
D's estimated NAV's are 50%-60% of IFRS NAV's. I believe that reflects a decidedly unfavorable outlook for the sector.
Let's go with 55% for TNT.UN.
The IFRS NAVPS is currently at $28 or so.
That would put a TD estimated NAVPS at around $15.40.
I think DD should continue the buybacks full speed for as long as the share price remains under $15.
I expect the Q2 report will show a steady and stable AFFO of about $50c/share ($2 annualy) allowing for a conservative distribution reinstatement of about 12c/ share monthly starting in August.