TSX:AX.PR.E - Post by User
Comment by
rad10on Jul 12, 2024 7:45am
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Post# 36129768
RE:RE:REALITY OF THE MATTER
RE:RE:REALITY OF THE MATTER
hroark7 wrote: garyreins wrote: Most of my CAD reits are still not at really good prices relative to the past 6 months, HR and Riocan, and SRU are halfway in their range.
Artis is at top of its range but hardly feelsl ike it is breaking out, would need to go above $7 on volume
Many reits like PMZ/PRV were 8% higher in april
not the best
You literally told people to sell their RioCan last week at the local bottom. Do you have any shame?
lol. Why even read the drivel.
I have been buying REITS, the way I was buying quality Canadian oil and gas post Covid (CVE, SU, and CNQ). The baby has gotten thrown out with the bath water. Great names like Granite, HR are trading at multi year low multiples. I think Artis will do even better.
Slate office is on life support. Look for insider buying and you might hit a home run with an activist investor. The debentures may recover, or do well in restructuring. Good for a flutter, don't bet the farm.