TSX:AAR.UN - Post by User
Post by
AHybridofStreetandStocksmartson Aug 28, 2014 11:24am
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Post# 22886180
I agree, this is a good REIT to own for the long haul; but
I agree, this is a good REIT to own for the long haul; but
it is in human nature to worry when the stock has been going down for three consecutive days now. I have four possible explanations:
1) They do not have a DRIP program; so no organic dollar cost averaging can be achieved. This can put them in a competitive disadvantage given all other ETF's with DRIP program.
2) Some institution is getting out; normal course of business; somebody else is buying...
3) Covered Call ETF's gaining momentum...
4) They have been buying porfolios rather than individual hand picked realestate; this way you may be getting the good, the bad and the ugly in one "cheap" Package.
the good new is that:
1) They have almost 100% occupancy rate.
2) Strong clients like FedEX with all the Internet purchases...
3) Majority of their assets are in rich Canadian provinces of Alberta and Ontario.
4) Almost all Institutional investors love this REIT and have them as their Top REIT holding.
What we need is a news giving us some updates and hope for a DRIP program.