RE:RE:RE:RE:not impressed at allnumbers speak for theirself:
outstanding shares in 2017: 46 M
outstanding shares in 2024: 83M
ie. that's almost a 100 % capital dilution with the consequence of a lesser AFFO/share :
2017: AFFO/SHARE = 0.326
2024: AFFO/SHARE = 0.266
ie. yes the pizza is larger, but we have to split it with much more people, leading to my slice being smaller.
stock performce for the last 5 years :
SIA : -12%
EXE: +12%
chartwell: +7%
what I am trying to say, SIA Business is growing and there is a bright futur, however, management are not giving any consideration for shareholders value. I've been holding SIA, EXE, CSH since 2018, and SIA is the only one having this strange pattern of issuing a large junk of shares as soon as the stock starts to rise.