Bullboard - Stock Discussion Forum Bridgemarq Real Estate Services Inc BREUF

Primary Symbol: T.BRE

Bridgemarq Real Estate Services Inc. is a Canada-based real estate services company. The Company is a provider of services to residential real estate brokers and a network of approximately 21,000 REALTORS. The Company’s segment includes brokerage operations and Franchise Operations. The brokerage operations operate full service real estate brokerage locations in British Columbia, Ontario and... see more

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Bullboard (TSX:BRE)

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Comment by pierrelebelon Nov 02, 2022 11:12am

RE:Dividend Safe?

"On the positive side BRE hasn't cut or missed a dividend payment since it converted from an income trust in 2011" True. The shares are trading at $13.45 this morning for a yield of 10 ...more

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Comment by HermannHalleron Aug 10, 2022 3:30pm

RE:Dividend Safe?

Despite Cdn home sales being down over 20% in Q2, and it being a seasonally slower period, the company generated 46c in distributable cash flow. This compares to the 34c paid in dividends in the ...more

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Post by amugsgameon Jul 13, 2022 12:00pm

Dividend Safe?

So the SP is now back to levels from 10 years ago (ex spring 2020). The market isn't showing a lot of confidence in real estate these days. On the positive side BRE hasn't cut or missed a ...more

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Comment by pierrelebelon Jun 07, 2022 5:29pm

RE:Div now over 10% but....

"Yield now over 10% but..." There is no "but". Look at 2020 and early 2021 when few real estate transactions took place and, when they did, the price and related commission ...more

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Post by HermannHalleron May 26, 2022 2:15pm

Market

My sister sold her house yesterday: GTA suburbs, 5 offers, 113% of asking price. The rumours about the housing slowdown seem greatly exaggerated.

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Post by amugsgameon May 11, 2022 7:16am

Div now over 10% but....

Yield now over 10% but the Cdn housing market is in flux. 2022 was a banner year for RLP but this year will be different as major markets move to a more balanced scenario. On the other hand most of ...more

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Comment by HermannHalleron May 03, 2022 8:55am

RE:RE:Now is the time to load up

Record home sales in Calgary https://www.bnnbloomberg.ca/calgary-housing-market-sees-record-high-sales-for-april-1.1760138

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Comment by amugsgameon May 02, 2022 7:36am

RE:RE:RE:Time To Bail

Ok - that came quicker than I thought - down to sub-$14 in just a few weeks. Would have been short if the volume was higher. May still drop to the low $13 range before finding support.

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Comment by pierrelebelon Apr 29, 2022 4:52pm

RE:Now is the time to load up

"Now is the time to load up" I totally agree. Lots of selling lately. Shares now trading at $13.99 yielding 9.65% The dividend has been maintained for five years, including during ...more

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Post by HermannHalleron Apr 26, 2022 1:32pm

Now is the time to load up

If you can stomach the near term worries, the yield is now 9.3%. And the housing market? CREA reports that March activity was 2nd highest of all-time, about 25% above the 10-year average. I think ...more

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Comment by amugsgameon Apr 18, 2022 12:16pm

RE:RE:Time To Bail

Dividend may be safe but the SP is already down about 10% in the last few months and will fall further as house sales slow and income drops - isn't difficult to peer into the crystal ball and see ...more

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Comment by pierrelebelon Apr 13, 2022 5:06pm

RE:Time To Bail

The dividend is "safe". You will find very few Canadian companies offering a tax advantaged 8.5% yield. The dividend has been stable for the last five years ($0.1125) since September ...more

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Post by amugsgameon Apr 13, 2022 9:39am

Time To Bail

While it's been good times to collect the div over the last while, the return on that may be offset by a changing real estate market and diminishing income.

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Post by JayBankson Mar 08, 2022 10:35am

New/Returning shareholder

I just bought 680 shares in 2 bundles at 15.65 and 15.00. I'm surprised at this violent sell off, the first report I seen of the quarterly looks pretty solid. Was there some bad guidance ...more

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