RE:Very few buyerscanadian wrote: Very few investors interested in this stock. Not sure why investors sell stocks such as choice properties, northwest health which do not have much share price growth and buy depressed reits.
RioCan is my largest holding and NWH.UN is my second largest holding.
I'll tell you why I'm not selling my NWH.UN:
1. I bought it 5 years ago, go look at the price back then, I'm sitting on an insanely massive capital gain.
2. The distributinos NWH pays me is Return on Capital, which means it brings down my cost basis and I don't pay any taxes until it either hits $0 cost basis or I sell, in which case I pay in advantageous capital gains.
3. It's HOSPITALS, in an f'ing pandemic.
4. Paul Dalla Lana, I like buying companies with great management, just like RioCan has Uncle Ed and soon Jonathan, NWH has Paul Dalla Lana, go read some interviews or listen in on a conference call, this guy is legit.
NWH is one of my "Buy and Hold Forever" stocks. The other one I bought 5 years ago was Northview (NVU) and it got sold this year, otherwise I would still be holding it.