PRO Real Estate Investment 8 Convertible Unsecured Subod Debentures T.PRV.DB

Alternate Symbol(s): PRVFF | T.PRV.UN

Real Estate REIT - Diversified

PRO Real Estate Investment Trust is a Canada-based open-ended real estate investment trust. The Company owns a portfolio of commercial real estate properties in Canada, with an industrial focus in robust secondary markets. The Company’s segments include three classifications of investment properties: Industrial, Retail and Office. All of the Company’s activities are located in a single segment, Canada. With a concentration in eastern and central Canada, its industrial-focused real estate portfolio consists of commercial properties located in secondary markets. It has approximately 123 properties, including MONCTON, NEW BRUNSWICK, Amherst, Nova Scotia; L'ancienne-Lorette, Quebec; Daveluyville, Quebec; Saint John, New Brunswick; Miramichi, New Brunswick; Woodstock, New Brunswick and others. The Company’s properties are located in Western Canada, Ontario, Quebec and Atlantic Canada.

TSX:PRV.DB - Post by User

PRO Real Estate Investment 8 Convertible Unsecured Subod Debentures > PRV.UN-Negative Trendline

<< Previous

Bullboard Posts

Next >>

Post by duplex5696on May 14, 2021 9:01am

235 Views

Post# 33202253

PRV.UN-Negative Trendline

While PRV continues to grow their business, improving their balance sheet and their property portfolio, the market seems oblivious to the financial imperatives. A look at the technical indicators shows that they are almost all bearish. Bottem line the stock has been spinning its wheels moving between 6.35 and 6.45. Coverage by realty analysts has been sparce. The company needs a facelift in order to reverse the negative trendline. The sad thing is that many of its peers in the Reit sector are operating with AFFO's which are close to or over 100% while continuing to outperform PRV. What are we missing ?

<< Previous

Bullboard Posts

Next >>

Mullen Group's Robust Case for Value, Part 1: Less-than-Truckload