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

RE:PRV.UN-Negative Trendline

[Shirtlessnomore]

My guess would be about 50% of investors money is sitting on the sidelines. I dont think anyone trusts the government and they certainly have good reason as theyve done little to nothing for Canadas economy except prop it up on handouts. Maybe some opinions are waiting to see how things react when the nipple is yanked from all these businesses mouths. I know its definitely a concern I have although not so much here as this company has performed well under the circumstances. The entire province of ontario among others has been closed for a ridiculous amount of time for no reason whatsoever other than the false sense of security they are playing out in every corner of the media pretending its "saving lives" this get vaccinated or be an outcast narrative is a complete and utter circus in this country. All you see hear and read is this bs with no talk of a plan to reopen anything. Again 1 month has turned into 2 months just like "2 weeks" turned into 15 months. This place is run by clueless circus clowns. Imagine a canada where for 2 weeks now headlines have included pastors and such being arrested and how you cant visit anyone. There is maybe 1% of the people following these charter destroying rules. End rant but it's no surprise to me how one day is up and one is down.

duplex5696 wrote: 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 ?