Post by
Tslayer on Sep 29, 2023 11:55am
Downward Spiral
Down 26% from RS price. How low will it go? All Canadian REITs are taking a beating from increased interest rates and market turmoil. It wouldn't surprise me if SP is under $1.50 by year end.
Comment by
Tslayer on Dec 06, 2023 5:04pm
This is painful. Down 135% since consolidation and no sign of turning around. This could fall below $1.00 in mid 2024. Other apartment REITs have started to turn things around unlike this stock. I'm sure the dividend, small as it is, will be cut if ideclines continue and the SP will go back to the $0.20 - $0.30 range where it was 3 - 4 years ago.