Dream Global Real Estate Investment Trust Tr Unit DUNDF

RE: Note to Losers Neugrufti & mangokid

[neugrufti]

*shrug*

I've given up trying to explain how a bought deal financing for a REIT can be accretive, it's clear you simply do not get it.

As for my portfolio, it has winners, it has losers, but I have an annualized return over the last four years of 14.82%. Is that good? I think so, beats the savings rate at a bank. I have shares like Methanex (T.MX) and had shares like Boyd Autobody (T.BYD.UN) that I've realized over 100% return on, and I have shares like Southern Pacific (T.STP) that I am down close to 60% on. Winners and losers happen so long as I understand the risk, but I'm not out for whale gains, just consistent returns over time. 14.82% annualized is way ahead of what I target (8%) so in that respect, I'm very happy with how things are going.

Dundee International, for example? I'm up 12.6%, so I'm happy. Beats money rotting in a savings account returning less than inflation.

And no, Dundee International was not down 2% due to the 'share float size increase announcement'. They purchased some quality, accretive properties with that share issue, which has in fact increase the per share value of the company.

Neu Grufti

https://neugrufti.blogspot.com