TSX:BEI.UN - Post by User
Comment by
malx1on Nov 18, 2021 4:07pm
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Post# 34142693
RE:RE:Moving to MRG.un
RE:RE:Moving to MRG.unautofocus111 wrote: @avertrisk BEI trades well below NAV. Per the Q3 earnings report
- Net Asset Value (NAV) increase to $64.29 per Trust Unit, equating to approximately $185,000 per door.
auto, it's nice to see that you've held your shares and joined us NAV builders. Management has focused affo surplus on upgrades just before Alberta economy shows signs of strong recovery. Seems their strategy is paying off nicely. Share price performace here has been stronger than peers who focused on big yields.
TD will have a $70 target on this soon. The fund managers are kicking themselves for not buying at $50. NCIB looks good to the $60 mark. BEI going to support the bid as funds become available.
Never thought I'd see a triple out of this REIT but now the stars align...