Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Boardwalk Real Estate Investment Trust T.BEI.UN

Alternate Symbol(s):  BOWFF

Boardwalk Real Estate Investment Trust (Trust) is a Canada-based open-ended real estate investment trust, which owns/operates multi-family rental communities. The Company provides homes in more than 200 communities, with over 34,000 residential suites totaling over 29 million net rentable square feet. Its brands include Boardwalk Living, Boardwalk Communities, and Boardwalk Lifestyle which... see more

Bullboard (TSX:BEI.UN)

View:
Comment by autofocus111on Sep 22, 2021 6:52pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:TD's Upgrading to ACTION LIST BUY from Buy; Q2/21 Results

Rig count does not look all that impressive to me if you look at data going back to 2014. It's basically back at 2019 levels.  https://boereport.com/caodc-rig-count/ Same goes for oil ...more  
Comment by malx1on Sep 21, 2021 3:34pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:TD's Upgrading to ACTION LIST BUY from Buy; Q2/21 Results

Seems we are on the same page.  Thanks for solid post.  There's a few analysts hiding in the woods suggesting new highs for oil in the next few years.  I hope that's not the ...more  
Comment by Northforce13on Sep 20, 2021 6:57pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:TD's Upgrading to ACTION LIST BUY from Buy; Q2/21 Results

Yes.  And with production growth (more like exploration for future production)... which is happening based on the data above, jobs and RE are very strong, as evidenced from the booming rig count  ...more  
Comment by malx1on Sep 19, 2021 6:14pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:TD's Upgrading to ACTION LIST BUY from Buy; Q2/21 Results

And maybe that's where our macro views diverge.  I think a sustained $75wti will eventually repair balance sheets, put co's in position to pay dividends AND increase production marginally ...more  
Comment by autofocus111on Sep 16, 2021 4:06pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:TD's Upgrading to ACTION LIST BUY from Buy; Q2/21 Results

@malx1 Migration into AB depends on job growth in the O&G sector. Stagant oil supplies ie. no production expansion projects means weak job growth for AB. Higher oil prices, while great for ...more  
Comment by malx1on Sep 15, 2021 10:50am

RE:RE:RE:RE:RE:RE:RE:RE:TD's Upgrading to ACTION LIST BUY from Buy; Q2/21 Results

Net migration of province will spike back up as ecnomomy improves.  Housing affordability will also be a key driver. https://economicdashboard.alberta.ca/NetMigration#alberta While Alberta has ...more  
Comment by autofocus111on Sep 14, 2021 5:47pm

RE:RE:RE:RE:RE:RE:RE:TD's Upgrading to ACTION LIST BUY from Buy; Q2/21 Results

malx1 BEI traded below NAV even before the 2014/15 oil bust. It's why I bought it in the first place. I would love nothing more than to see oil trading at $80 WTI. Long CVE, SU, and OVV, and ...more  
Comment by malx1on Sep 02, 2021 12:25pm

RE:RE:RE:RE:RE:RE:RE:RE:TD's Upgrading to ACTION LIST BUY from Buy; Q2/21 Results

MEQ is trading at about 20x FFO of 2021.  Fully valued but could run to $120 based on expected performance. BEI is undervalued because of its concentrated exposure to Alberta.  While the ...more  
Comment by WDMBellon Aug 28, 2021 4:00pm

RE:RE:RE:RE:RE:RE:RE:TD's Upgrading to ACTION LIST BUY from Buy; Q2/21 Results

What is the difference between MEQ and BEI?  Personally I feel BEI has more going for it than MEQ, however MEQ has risen far past pre-pandemic levels as have all other aparment REITs.  Given ...more  
Comment by malx1on Aug 26, 2021 3:28pm

RE:RE:RE:RE:RE:RE:TD's Upgrading to ACTION LIST BUY from Buy; Q2/21 Results

If you think $60wti will be the avg price in a post-covid world, then I can understand your lack of enthusiasm for the best quality reit which holds significiant western canadian residential exposure. ...more  
Comment by autofocus111on Aug 19, 2021 11:50am

RE:RE:RE:RE:RE:TD's Upgrading to ACTION LIST BUY from Buy; Q2/21 Results

Northface You make some good points. But it comes down to where you think oil is headed. Is $60 WTI enough to sustain a strong recovery in AB? That's where I have my doubts.
Comment by Northforce13on Aug 18, 2021 2:43pm

RE:RE:RE:RE:TD's Upgrading to ACTION LIST BUY from Buy; Q2/21 Results

It will go higher, but yes you are right about the past five years.  It's a very peculiar stock because of WCan volatility... oil crashed in 2015 as we know, which tanked BEI of course ...more  
Post by WDMBellon Aug 16, 2021 9:57pm

New Apartment REIT

Marwest Apartment MAR.UN Just putting it out there.
Comment by malx1on Aug 16, 2021 4:06pm

RE:RE:RE:RE:RE:RE:RE:TD's Upgrading to ACTION LIST BUY from Buy; Q2/21 Results

Management set out on journey to build NAV rather than pay shareholders.  That was announced the end of 2017.  If you spent your time reading bei's MD&A rather than stockhouse ...more  
Comment by malx1on Aug 16, 2021 3:56pm

RE:RE:RE:RE:RE:RE:TD's Upgrading to ACTION LIST BUY from Buy; Q2/21 Results

A double on a low-risk investment is much different than a triple on a levered high-risk moose pasture name. You could learn a few things about risk adjusted returns. $3 in FFO means 20x ffo gets a  ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities