RioCan Real Estate Investment Trust T.REI.UN

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Sru.un earning shows why sru is better

[CANCDN]

CANCDN wrote:

Kenneth9 wrote: Can you explain how you're able to add 240k shares in 3 years? At current prices that would cost over $3.8 million. I've never used margin before, so not sure how that would work. If it was so easy wouldn't everyone own 300k shares on margin? What are the pros/cons of doing that. 

CANCDN wrote:

CANCDN wrote:

Kenneth9 wrote: I agree with hroark7, it's hard to imagine any non-institutional investors having more than 100,000 shares of RioCan. I have 52,000 shares, a fairly large amount, but still only about half as much. 

hroark7 wrote:

Covidruinedme wrote:
so the CEO buying back 800k shares explain a billion dollar in nav difference? Show me the math. Honestly reddit is much better than stockhouse to discuss stocks you guys are so married and in love with your stock you refuse to see the fact and accept it and instead get offended. This is very sad. It's impossible to point out anything negative here. The fact that you people fail to see that CEO buyback itself doesnt move the price but it's the confidence that arises from the CEO purchasing it's own stock is one of the major reason sru trading at a lower discount to nav thst riocan is just beyond sad. But whatever. This has turned into a big circle jerk forum. I'm gonna go back to reddit where people actually talk about the cons and pros of their holdings.best part is after Candan I'm the second largest holder of riocan but unlike you losers acknowledge both the positives and negatives of this company

I have almost 100,000 shares of Riocan so that would make me the largest shareholder here. 

You just said you're going back to Reddit, we're going to hold you to that, no more posts from you, goodbye!

 

I have 60k shares and expect to have 300k shares by end of 2023.
 

 

 

I drip and also use margin from IKBR at 0.5%. Keep a 10% buffer at all times. 

 

Its more than doable.

For every dollar that RioCan rises, I get another 60k of equity which is worth 180k using margin. That adds another 11,000 shares. as such, the next 1 dollar rise I will now have 71k shares. this continues on and on.

This doesnt include every month the reinvestment of the DRIP whichs add 1k shares PER MONTH which then keep growing month over month.

Then I also take principal amount I pay onto mortgage and then take out HELOC and then buy MORE RioCan x3 (using margin).

The downside you ask? It very risky, but I am so far in the black that this puppy would have to gap down over night by like 30% before I would be in the Red.

Anyways, if you have 2 million of equity and then use 4 million of margin, that 540K a year in interest income which most people couldnt even spend, so you continue to drip and margin all while paying 0.5% interest on the margin loan. It snowballs like crazy.

Margin is only available in taxable margin accounts, but since it creates monthly income, i get to write off my interest on my HELOC and the Margin interest.

Highly leveraged, but its backed by physical real estate. Its not like Tesla or some imaginary worth that you cannot quantify. 

My plan above is NO different than taking out a loan to buy a rental property except I am only paying 0.5% interest and my investment is 100% liquid at the click of of button.

and if you are one of those weak hands retail holders DO NOT MARGIN. You need to have big balls and be extremely confident in what you are investing in. 

I know RioCan like the back of my hand. In fact, I have to educate their IR Manager on what they are actually doing. I know where they have permit applciations in place etc where they havent even announced yet.