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Boardwalk Real Estate Investment Trust T.BEI.UN

Alternate Symbol(s):  BOWFF

Boardwalk Real Estate Investment Trust (Trust) is a Canada-based open-ended real estate investment trust, which owns/operates multi-family rental communities. The Company provides homes in more than 200 communities, with over 34,000 residential suites totaling over 29 million net rentable square feet. Its brands include Boardwalk Living, Boardwalk Communities, and Boardwalk Lifestyle which, caters to a diverse demographic. Its objectives are to provide Resident Members with quality rental communities and the best tenant/customer service, provide its holders of Trust Units with stable monthly cash distributions, and to increase the value of the Trust Units through the effective management of its residential multi-family revenue producing properties, renovations and upgrades to its current portfolio, and the acquisition and/or development of additional, accretive properties or interests therein.


TSX:BEI.UN - Post by User

Comment by malx1on Aug 16, 2022 1:36pm
90 Views
Post# 34899885

RE:BEI lurkers looking for Alberta exposure with income

RE:BEI lurkers looking for Alberta exposure with income
malx1 wrote: Gamehost has a 2-decade history of paying generous dividends pre-covid.

With omicron wave now rolling over aggressively, I believe GH is positioned to start paying its dividend within 9 months.

Buy shares now below $8 and thank me a year from now when they are $10.

Here's a recent comment from Acumen Capital's analyst:

https://www.stockwatch.com/News/Item/Z-C!GH-3195876/C/GH

 

Globe says Gamehost one of Acumen's "Dark Horse Picks"

 

2022-01-18 08:11 ET - In the News

 

The Globe and Mail reports in its Tuesday edition that Gamehost ($7.26) is one of Acumen Capital's top five 2022 "Dark Horse Picks."

The Globe's David Leeder writes in the Eye On Equities column that Acumen says the list was built from a "collection of names that have either lost a surprising amount of investor conviction or remain under the radar." Acumen says Gamehost "could surprise to the upside in 2022." Acumen gave Gamehost a "buy" recommendation and an $11 share target, matching the consensus. Acumen says in a note, "On the back of proactive steps taken during the pandemic to improve the business coupled with a booming Alberta economy we believe Gamehost is well positioned for strong free cash flow generation and the re-establishment of the dividend in 2022." The Globe reported on March 19, 2020, that Acumen analyst Trevor Reynolds had lowered his rating for Gamehost to "hold" from "buy," in reaction to the temporary closure of its three casinos in Alberta and suspension of its dividend due to the impact of COVID-19. In the item Mr. Reynolds cut his share target to $6.50 from $10, which was then the current consensus. Gamehost shares were then going for $3.19.




Great call!!

More accurate than BNN
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