TSX:REI.UN - Post by User
Comment by
SirCharlesVon Dec 05, 2020 4:52pm
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Post# 32044645
RE:RE:REI vs BPY
RE:RE:REI vs BPYI think shareholders should closely monitor executive compensation going forward. If any of the execs make use of that $150 million from the distribution cut to boost their salaries that would be a crime of epic proportions. I sure hope they don't do that.
Sapho wrote: SirCharlesV wrote: I used to be a big fan of REI, until Ed "snakeoil salesman" SonShine lied through his teeth and cut the distribution. What happened to the covenant you had with the shareholders relying on the distribution, Ed? Anyways, I'll be moving my REI holdings over to BPY where the distribution yield is signficantly higher, backed by BAM, and most importantly SAFE.
c
Nothing is safe these days. I will take a chance and buy the following, BPY, EIF, RUS and AD.UN.
Ed is retiring as CEO and REI could be takeover target which is a bit tempting to hold small posiotion in it. Ed has been lying for long time.
Can someone correct me? Does REI currently holds 60M in cash?