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Bullboard - Stock Discussion Forum SmartCentres Real Estate Investment Trust T.SRU.UN

Alternate Symbol(s):  CWYUF

SmartCentres Real Estate Investment Trust (the Trust) is a Canada-based fully integrated real estate investment trust. The Trust develops, leases, constructs, owns and manages shopping centers, office buildings, high-rise and low-rise condominiums and rental residences, seniors’ housing, townhome units, self-storage rental facilities, and industrial facilities in Canada. It is focused on... see more

Bullboard (TSX:SRU.UN)

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Comment by gasholeon Jun 13, 2022 11:47am

RE:RE:RE:RE:RE:Potential unit buybacks

I was just making a point. I dont like Walmart, they are very difficult to deal with, and play hardball with suppiers, and who they lease space from. SRU needs to play hardball back. With inflation ...more  
Comment by Frankie10on Jun 10, 2022 9:44am

RE:RE:RE:RE:Potential unit buybacks

40% vs. 50% is a meaningful misrepresentation, as is saying there is no growth (walmart) vs. growth in-line with inflation. Same. Except I dumped my 3k shares last year at 30 and rolled the capital ...more  
Comment by gasholeon Jun 09, 2022 10:27pm

RE:RE:RE:Potential unit buybacks

That's why I said roughly... I was just sort of going by numbers I had looked at in the past but didn't feel like going back and looking at it.. I know that Walmart has a very large portion of ...more  
Comment by Frankie10on Jun 08, 2022 7:20pm

RE:RE:Potential unit buybacks

i agree free cash flow is tight - hard to see buybacks ontop of ambitious development. i literally made this exact argument which you ignored. small fact check to your rant: walmart represents 25.4% ...more  
Comment by gasholeon Jun 08, 2022 9:57am

RE:Potential unit buybacks

And another comment - Walmart has them by the short and curlys. there will be NO organic growth from Walmart rents, thats a joke. Walmart is not going to take any increases in rent from SRU when ...more  
Comment by gasholeon Jun 08, 2022 9:51am

RE:Potential unit buybacks

There will not be any buybacks.. This low paid RBC analyst is clueless. SRU needs every spare dime it can come up with to move forward with any developements. They just issued new debt in I think ...more  
Comment by Frankie10on Jun 07, 2022 11:10am

RE:Potential unit buybacks

Buybacks? With what free cash flow? Honest question. The payout ratio is 80%+, no? Debt financing to repurchase stock? Full discoloure - I opened a small position here today under at $28.90. 
Post by Possibleidiot01on May 31, 2022 1:55pm

Paul Gardner - BNN - WAIT

WAIT Smart REIT(SRU.UN-T) 30/05/2022 at 08:00pm   He owns the bonds. Retail nature doesn't fit his criteria. One of the better retail assets out there ...more  
Post by martin020on May 18, 2022 6:49am

Potential unit buybacks

RBCRating: Outperform Price Target: 35.00 Competitive tension building; buybacks possible Our view: Post in line Q1 results, we remain constructive on SRU. As the tug of war between rising rates ...more  
Post by martin020on Feb 23, 2022 12:56pm

CIBC : outperform rating with price target $34

Good Development Hunting By A Wicked Smart Team Our Conclusion SRU continues to unlock the substantial embedded value in its development pipeline and we anticipate the upcoming year will continue to ...more  
Post by martin020on Feb 22, 2022 8:31am

Uptick from RBC

* RBC’s Pammi Bir raised his SmartCentres REIT (SRU.UN-T) target to $35, exceeding the $33.63 average, from $34 with an “outperform” rating. “A few puts & takes with Q4 results, but ...more  
Post by Possibleidiot01on Feb 18, 2022 4:00pm

Billy Kawasaki’s Insights - BUY

BUY Smart REIT(SRU.UN-T) 17/02/2022 at 07:00pm   Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Diversification effort makes sense ...more  
Post by Possibleidiot01on Jan 31, 2022 7:14pm

Andy Moffs- BNN comment

Smart REIT(SRU.UN-T) Great development sites. A good site north of Toronto will add lots of value. Doesn't have same internal growth prospects as some others but is very defensive with a stable ...more  
Post by logicandinertiaon Dec 30, 2021 11:02am

Consolidation of SmartVMC

A bit frustrating that a transaction as pivotal and important as this one has not seen too much disclosure, regarding future development costs, timing of said developments, near term dilution, and ...more  
Post by incomedreamer11on Dec 06, 2021 9:23am

CIBC comments

SMARTCENTRES REAL ESTATE INVESTMENT TRUST The Jewel In The Crown Our Conclusion SRU has increased its ownership stake in SmartVMC materially. Our key takeaways include: 1) the acquisition is in line ...more  
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