TSX:TNT.UN - Post by User
Comment by
pandscaon Dec 14, 2021 7:56am
187 Views
Post# 34228003
RE:RE:RE:TNT
RE:RE:RE:TNTLook no further than the sector.
There are a numnber of reasons the sector is taking a beating and this happens every year at this time.
Firms/people are pressuring the price lower for end-of year activities.
COVID is also contributing to people selling since they think office space needs will be far less a requirement than pre-COVID.
The diffference I see though, is that TNT caters to large companies, banking, and Gov. All these sectors do still need people to gather in an office environment, so although it's in a sector that is shrinking, it's chances of remaining stable and even growing are far better than those catering to renting out mall space (as an example).