Boardwalk Real Estate Investment Trust T.BEI.UN

Alternate Symbol(s): BOWFF

Real Estate REIT - Residential

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

Boardwalk Real Estate Investment Trust > TD's Upgrading to ACTION LIST BUY from Buy; Q2/21 Results

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Comment by malx1on Jul 13, 2023 4:21pm

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Post# 35540082

RE:RE:RE:RE:RE:RE:RE:RE:RE:TD's Upgrading to ACTION LIST BUY from Buy; Q2/21 Results

malx1 wrote:
autofocus111 wrote: Funny guy. Per the RBC update retired posted the 'moderation' apparently applies to new leases not just renewals. I still find the choice of words unusual given the strong market in AB. As far as an exit at $70 instead of $65 this is not about not liking the company (although I firmly believe a higher dividend is warranted), it's about the valuation. I aim to maximize my return and if analyst upgrades and exuberance of posters like you can attract more investors to get it there that's great.

>>>Boardwalk is adopting “strategic moderation” in its renewal rent growth. In AB, it is achieving (and targeting) 7-9% on renewals and 10-15% on new leases.

Growing the NAV is a journey that can last decades.

You're focused on a $70 target now when you said you didn't believe the units would trade at $59.

Why didn't you sell at $59?

So many retailers, so many unfounded complaints.

Nobody will mind if you sold today.

Stock is now $5 higher than your tantrum about $59 so.

The comedy is here, you've been providing it for years.