RE:RE:RE:RE:RE:RE:PMZ units received?It often takes 4 to 5 days before you can see the shares. Same with all the big 5 Canadian banks, which by the way, are some of the most tech advanced in the world. You can still buy PMZ shares if you wish. Everybody in the same boat.
They are undervalued, and insiders will be buying until the 15th of January. By Monday, most will have them (PMZ units) in there, at that point (Tuesday), many HR holders will sell, because they do not wish to hold a mall REIT, and insiders along with value investors, will start loading up. I have spoken to many HR holders the past few days and about 75% plan to keep, and much of the other half, will sell and buy more HR.
PMZ insiders have pledged to buy until the 15th because they believe the units are undervalued and the balance sheet allows them to grow the REIT (money for deals), at very attractive multiples.
I also agree with that. The stock price will see some pressure once everyone has the shares in their accounts, but that should rebound pretty fast, in the days following.