TSX:TNT.UN - Post by User
Comment by
Select55on Apr 15, 2021 1:31pm
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Post# 33003936
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Solid results. Will add more.
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Solid results. Will add more.yah just got back from living in the usa and cant remember what my email was for old name so dug up one I use to use LOL yes when I look at whos leasing what in skyline they have triple AAA clients ;; there the best thought out and run REIT that I know of ;;
CanSiamCyp wrote: New name? I agree that the Commercial revaluation was fantastic. I was not surprised cuz what they are calling Commercial is referred to as Industrial in the public REIT sector and that has been the hottest performing sector during the pandemic (cuz of warehouses required by online marketing systems including Amazon). Similarly, Skyline's Retail REIT is misleadingly named cuz the assets are all grocery or pharmacy or bank anchored strip malls vs. the enclosed malls that are classified as Retail in the public sector. I anticipate a healthy blip upwards in the Retail REIT value which should be released this quarter. Cheers!
Select55 wrote: I understand I feel super secure with skyline ;; railways? well thats a different story for sure as you know skyline is not a stock ;; heck the commercial reit in my portfolio went up $412K in 2020 and I expected it to stay flat because of covid ;;
CanSiamCyp wrote: Hi Truth:
Wow! 90% is a really high proportion of one's eggs to put in one basket. I understand your aversion to market volatility. However, when I entered into investing with Skyline, I set a maximum of 20% (spread across the 3 REITs and the Clean Energy Fund). I am pleased (actually more than pleased) with their results to date, but I cannot bring myself to go higher than 20% cuz of the importance of diversification. I always recall how Lord Dingle Nuts of Downton Abbey put all of his wife's considerable inheritance into an unnamed Canadian railway - which then went belly up - plunging the family into financial crisis. Not saying that Skyline will ever go that route, but my natural conservatism constrains me in this respect! Cheers! CSC
truthseeker1 wrote: yah thats why 90% of my money is in a Private reit just put in 3million more in skyline I cant handle the markets this late in life
pandsca wrote: Dragged down with the sector.