TSX:EIT.PR.A - Post by User
Post by
yu174605on Feb 13, 2002 5:53pm
204 Views
Post# 4770172
good point
good pointWith CTD.UN still trading at a premium one has to wonder whether EIT.UN will go up, or CTD.un will drop. I was looking through the holdings and noticed that EIT.UN holds shares in another holding company --RTR.UN. I'm curious to see if anyone has questioned the company about the double MER they are paying on this part of their portfolio. Really, it's only $2 mill, less than 1% of total assets, but it still doesn't make sense. Why not reinvest that money into the oil and gas stocks that they have already invested in. Hey lyddite, if your looking for a quick buck, look at CDNX PLZ, plazacorp. They've announced that they are looking into converting to a REIT structure. Share went from ~$0.65 to ~0.80(really not that much). But look at other companies that have switched, and you'll see that if it goes through, and likely it will, there is quite a bit of room to profit. Not to mention that they would be attractive to REI.UN as they have the same type of big box company in their buildings(namely Staples, business depot). Just a thought.