TSX:WRK.DB.K - Post by User
Comment by
canadafanon Nov 24, 2011 8:54pm
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Post# 19266022
all the doom & gloom aside, things will be very go
all the doom & gloom aside, things will be very goAside from all the "macro" doom & gloom. The REIt market and specifically white rock is looking towards an exciting few months.
It has been stated and documented aven again that interest rates are staying low for an extened period and as hard it is to read, may even drop further.
White rock will be in the next few months announcing the following:
1. The completion of the Airport property "put option"
2. Jason's bonus plan will be resloved
3. More deals ahead? They have been quiet be wrk standards , and I would expect to see some announcments in January?
Q4/yr end results are a long way off, but the 8.8% monthly payment is well worth the wait.
Interestingly , and very few stop to consider this: a monthly distribution re-invested using a drip ( no fees and with a 3% bonus), actually equates to greater than 10%.
The compounded 8,8% at 12 months alone = 9.9%
Yes the trading price may go up and down, and those who "trade" may have concerns. Those who understand the true value of a REIT of tax efficent returns ( almost 10% tax free!), buy & hold for a 3-4 yr window is a no-brainer right now.
The rpice has been all over the map since Jan of this year, but the distributionshave not changed in 60 ++ months.
buy, hold, collect ,sleep & repeat.