True North Commercial REIT T.TNT.UN

Buzz on the Bullboards: Stocks to watch as TSX soars amid Mideast tensions

[flamingogold]

"Peak distress is fully behind us"... This is a US story but very much applies to Canada. https://www.investing.com/news/economy-news/analysisus-office-market-shows-signs-of-bottoming

[Jonathon Brown]

The TSX reached a new high, reflecting investor optimism. However, the market stepped back as tensions in the Middle East intensified. read article.

[wildrunner11]

SRV was great. Also survived thought HCG and now TNT.

[BlueJay2020]

Yes, properties in Europe but still affected by global sentiment.  Much worse occupancy levels than TNT but has arguably been punished more. Not one for the faint of heart, but could be a four

[SIGG1]

yes France, Germany, Spain.  For the same reasons, inflation and interest rates are coming down there too... Not only in Canada. 

[Sinister]

Isnt INO.UN for France and Germany real Estate? So its not affected by what happens here? I have no clue just asking.

[SIGG1]

TNT.UN has a nice run lately, INO.UN's turn will come, market cap of 36M is ridiculously undervalued for their assets. 

[BlueJay2020]

Yep! Doesn't always work as investors in Chorus and AHOT.UN will testify, but it helps to keep us humble! I have learned to accept that making losses is part of making profits. Currently I am

[flamingogold]

"Sentiment changes on a dime"... so true. This is where being a contrarian can pay off immensely. BlueJay you and I did it with SRV. I am doing it with BBD... yes... Bombardier, the one

[BlueJay2020]

Yep,. compelling value here and accumulation at these levels will be rewarded.  This story reminds of Shawcor (now Matr) which sunk to below a buck and no-one seemed to touch it with a hundred

[flamingogold]

Cooper, I totally agree with you. With inflation at the BoC's 2% target they will now likely go a full .5% in October to stop the slowdown and push the economy back into drive. GLTA, it's

[Northforce13]

Further illustration of undervaluation = peer office REITs Allied and Dream SP 10-11% AFFO yield TNT 2.50 AFFO / 13 SP = 19.2% Gap exists because of problems TNT had compounded by higher

[cooper90]

Agree, I think our dear TNT CEO does not want to reinstate a new divi at the current price of $12.80 or pre-split = $2.22 which would need to be in the yield range of 8% (much lower divi) basically a&

[garyreins]

At $1.60 and their old distribution was something like 20%.  Back at $2.75ish the dividend would be 12%  or so.  And this dividend was safe and had 70% payout ratio.  Nowadays no

[Northforce13]

I'm long TNT for parallel reasons Upside recovery torque signficant Buying back shares + div reinstatement likely in Nov on Q3 release AFFO 2.50 ish.  Could easily implement 1.50 div

[garyreins]

REITS and officereits lost so much that no matter how  much it rallies off the bottom,30%,40%, 50%, 60% its still nowhere near the  normal 10year trading price. $6->$1.50 so a 2x or 3x