PRO Real Estate Investment 8 Convertible Unsecured Subod Debentures T.PRV.DB

Alternate Symbol(s): T.PRV.UN | PRVFF

Real Estate REIT - Diversified

PRO Real Estate Investment Trust is a Canada-based open-ended real estate investment trust. The Company owns a portfolio of commercial real estate properties in Canada, with an industrial focus in robust secondary markets. The Company’s segments include three classifications of investment properties: Industrial, Retail and Office. All of the Company’s activities are located in a single segment, Canada. With a concentration in eastern and central Canada, its industrial-focused real estate portfolio consists of commercial properties located in secondary markets. It has approximately 123 properties, including MONCTON, NEW BRUNSWICK, Amherst, Nova Scotia; L'ancienne-Lorette, Quebec; Daveluyville, Quebec; Saint John, New Brunswick; Miramichi, New Brunswick; Woodstock, New Brunswick and others. The Company’s properties are located in Western Canada, Ontario, Quebec and Atlantic Canada.

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PRO Real Estate Investment 8 Convertible Unsecured Subod Debentures > Are we going to retest $2.50, this is a turd man

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Comment by Shirtlessnomoreon Sep 25, 2020 11:59am

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Post# 31620324

RE:RE:RE:RE:Are we going to retest $2.50, this is a turd man

I meant to add but have no clue how to edit here that every day has been like April ish this week, the numbers of new cases start rolling in and the jumping ship begins. Now being as I said that it probably wont happen today. Lol. ....

Shirtlessnomore wrote: Shawshank I'm with you on the cash, in moments such as this cash holds great power and I'm convinced we may test the lows or at least get into the 3's so I want some cash to buy. The dividend is great but getting $37 for every 1k shares while it drops a buck isnt too fun to me. Picking my spots as we go. Cheers
shawshank2 wrote:
Arbutus22 wrote: CFO was buying in August at $5.35. I bought from 3.30-4.80 over past 6 months. PRV has strong management, strong growth and potential for more, with potential buyout well down the road. Didn't think sp would drop to current level again but here we are. This is long term for me, not a trade. Nothing specific to PRV; market negative momentum dragging sp down, along with sp of many other reits. I didn't buy today but will pick up more tomorrow if sp remains weak. If you believe the hysteria will pass, and that the virus will dissipate, then downrisk here is minimal. Meantime, I collect 10% which seems in zero danger of being cut, after dividend cut back in April.

I agree its a good reit but i would go all cash right now as i think we are headed towards another big dip/ crash. The technical bottom has fallen out of all reits and fingers crossed we go to march lows