TSXV:PAR.H - Post by User
Comment by
YieldChaseron Mar 21, 2014 3:15pm
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Post# 22353318
RE:RE:RE:Annual Increase in Cash
RE:RE:RE:Annual Increase in Cash
wart 1: over distribution
wart 2: too low a CAP rate used to value assets (7% is too low for retail centers in teriary markets)
wart 3: 8-9% yield is fair value so unless NOI increases stock will go nowhere. How will NOI per unit issued go ?
wart 4: assets acquired above market value
the only wart removed thus far is the League connected management wart. 4 warts remain before teh stock goes up