Cominar Real Estate Investment Trust Unit T.CUF.UN

Primary Symbol: CMLEF

Real Estate REIT - Diversified

Cominar Real Estate Investment Trust is a Canadian REIT involved in the ownership and management of properties throughout the Canadian provinces. Cominar's real estate portfolio comprises a mix of office, retail, and industrial and mixed-use properties. While industrial and mixed-use assets are the most numerous and command the most square footage in the company's portfolio, office and retail locations combined represent the vast majority of the portfolio's total value. Most of Cominar's properties are located in the Greater Quebec City and Montreal areas. The company derives nearly all of its revenue from rental income from its investment properties. The source of this revenue is largely split between Cominar's office and retail locations.

OTCPK:CMLEF - Post by User

Cominar Real Estate Investment Trust Unit

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Comment by EVHammondon Mar 21, 2018 3:05pm

54 Views

Post# 27755730

RE:Only hope of recovery short-term

Cominar's 52 week high was 14.95 came on Jan 25/17. That high was not due to any inherent value in the company. The entire market was overheated at the time (in fact, it was only a few days later that the world-wide retracement across all sectors occurred).

Cominar was above 14 simply because a rising tide (world market) floats all boats. Cominar's boat has a gaping hole in the hull and it's going nowhere but to the bottom.

GET OUT NOW!!!

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