TSX:WRK.DB.K - Post by User
Post by
canadafanon Sep 26, 2010 11:30pm
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Post# 17494759
another week ahead......some understand some do no
another week ahead......some understand some do noSome who know me understand that , what I post here is to hopefully wake up those whom are asleep!
The details are many, some obvious, some require calculations. No matter how you look at WRk it is way underpriced right now.
I does not matter to me one notch who buys or sells on my say so. I do advise that you look into what the future of white rock can look like.
Based on all the comparables, CUF.un for example which trades as 14.4 times AFFO. At the same rate wrk should be around 21 right now and over 24 into 2010.
with an inplace yield of just under 10% its a no brainer.
This is a young reit. The CEO is doing al the right things to make it an excellent company moving forward.