TSX:REI.UN - Post by User
Comment by
Shirtlessnomoreon Jan 03, 2021 7:17pm
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Post# 32212613
RE:RE:RE:BOLD PREDICTION
RE:RE:RE:BOLD PREDICTIONThese peeps want cheap shares nothing more, they dont even believe what they are saying themselves.
gashole wrote: I dont know what snake said and I dont care really... but REI yield is not too low by ANY standards, any stock with a sustainable 5% + yield is great ! There are so many stocks with yields of 2 and 3%... with shares in the 40's and 50's... I think REI is going to do fine, its not going to be a straight line upwards, but they will continue to collect 90% plus rents. All we can go by are the quarterly results which so far have been fine, you are just guessing about WAYdown the road, I will trust their quarterlies ... anything else is just speculation. Imploding property values? I think not.. Its still well under NAV, and even if NAV drops to $20 its still well under NAV...
juniorbullalive wrote: Not a chance snake - REI.un yield is too low now and the NAV will continue to fall as the value of the buildings implode due to decreasing rental rates . Maybe $22 by 2022