TSX:PMZ.UN - Post by User
Post by
SNAKEYBOYon Apr 27, 2022 10:11am
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Post# 34635331
THE DISCOUNT IS UNFATHOMABLE
THE DISCOUNT IS UNFATHOMABLEThey had ALL their malls appraised last year which gave $22 at a PANDEMIC level value (and as per the last CC, assuming the empty anchors like Sears would stay EMPTY). In other words, $22 is conservative as they said. It may actually be worth $24-25. You are buying real estate with 5.80% yield and half off! WT FFF!