GREY:SIHPF - Post by User
Comment by
sunsurfer11on May 14, 2020 10:55pm
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Post# 31031199
RE:RE:RE:RE:RE:RE:RE:RE:Obvious Agenda
RE:RE:RE:RE:RE:RE:RE:RE:Obvious AgendaWhether a cut happens or not isnt my main concern..hold a lot of REITs....the similarities between this one and slate office both show a disturbing lack of mgmt strength and alignment with unitholders...they both are leveraged too high coming into this crisis, both have lack of mgmt support for untiholders whether it be ncib or mgmt buys during times of crisis...bottom line some REITs I own..like rio can... are well positioned to come out of this smelling like roses taking advantage of their prudent balance sheet in times of crisis whereas these guys always stretch the balance sheet and times like this happen and they have no dry powder...I still own some of these as I do like the underlying philosophy..just so frustrating that the execution smarts aren't there.