Post by
garyreins on Feb 26, 2024 11:11am
SHORTS dont want to leave this reit/sector alone
They are all over this driving it into the ground every opportunity they get.
Comment by
luscar99 on Feb 26, 2024 12:09pm
I wish you're right and this to continue for as long as possible. This is a gift to DD and to all remaining shareholders. I'm betting by July this will be a $14 stock, with a 7% distribution yield and a 60% payout.
Comment by
SIGG1 on Feb 26, 2024 12:12pm
I agree this is a gift. I don't mind the lower prices as I have been putting 25% of my paychecks on this during the past few months. I will continue to do so until they announce a dividend.
Comment by
gold_diggers1 on Mar 25, 2024 7:37pm
Once upon a time, not that long ago... Sold all your shares now?
Comment by
Jkcoco on Feb 26, 2024 12:21pm
This doesn't make any sense. You want a 60% percent payout and receive 7% distribution yield? FFO is 40M so 60% is 24M. Divide that by 15.3M shares you can a dividend per share of $1.57. At the current price around $9 you get a 17% dividend yield.
Comment by
luscar99 on Feb 26, 2024 1:57pm
I'll be fine with a 60% cap gains from here and with 7% distribution yield as long as the rest of the FFO will go towards debt reduction for a couple of years.
Comment by
pierrelebel on Feb 26, 2024 12:12pm
The "shorts" are not a relevant factor as far as TNT.UN is concerned. In the first 15 days of February, over 10,000 short units were covered, leaving 140,516 shorts as of February 15th, 2024. Not a big deal. I would not worry about the shorts.
Comment by
lancebryant on Mar 27, 2024 11:58am
What short activity are you talking about? TNT doesn't have many shorts. BTB has the most shorts and its doing better. I think you are just factually wrong about pretty much every assertion here.