GREY:HREIF - Post by User
Comment by
Wolfzzqon Aug 13, 2014 8:24pm
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Post# 22839496
RE:RE:Derek Warren of Morguard said sell in July....ahhah
RE:RE:Derek Warren of Morguard said sell in July....ahhahYou may be right...
Of Course, any management is interested. it called Agency Theory
But When you look into the basic details for a REIT, dividend stock, I usually watch the following:
- Type of asset: Healthcare, in-place inventory old, Good demographics, therefore growth Potential
- AFFO payout : interesting in a range of 80~85%
Valuation discount
- Dividend Yield: interesting in a range of 7.5~8% compared to other canadian and US peers.
-AFFO multiple below peers
-Small cap REIT making any mid size acquisition accretive (the denominator being lower compared to perrs) compare to peers
-Trends in M&A in this niche...which was up ..
All of the above make it a potential target then a premium potential
why will not you hold this then?