TSX:NWH.DB.G - Post by User
Comment by
garyreinson Feb 17, 2024 3:45pm
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Post# 35886082
RE:RE:ALL THE BIG DAWGS IN NWH
RE:RE:ALL THE BIG DAWGS IN NWHThe high 5% rates are just for very short-term duration, looking out 10 year bond its 3.5-4.25% CAD/US. AFFO matters more than the payout. Right now for NWH its about 9x AFFO, the SP could be a bit higher around 5-5.50 I would think. The sellable value of the REIT is likely still around $10 thats why they may be trying to take shortcuts to restore value rather than wait years for a macro recovery