Brookfield Property Partners L.P. BPY

riocan is getting into residentials properties.

[anthony3]

condos! /town houses

https://riocan.com/development-portfolio/

[Lacas24]

Fantastic! I guess developing 3 condo project in two dead markets like Calgary and Oshawa will save them. Lol How about their quality tenants? Best Buy Kelseys Michael's Reitmans EB Games IndiGo H&M GAP Etc etc. The list is a mile long with deadbeat tenants that are on their death bed. Face it. The market hates RioCan and that won't change. They made a huge bet on second class retail

[anthony3]

just watch the report tomrrow.. thise stores are open..= rent collection simple as that.

[Lacas24]

I don't need to watch RioCan. I know very well it is garbage. I don't have to watch Covid and hope thei retailers doesn't go belly up. I collect monthly and my rate of return is close to 30%. I dare you to compare RioCan chart with TNT, Granite, NWH and Canadian Properties. They walk all over RioCan.

[anthony3]

Riocan been around since the 90s how can you compare charts..tnt started trading in 2013 nwh started in 2010-2011

[anthony3]

riocan was outperoming both of them before the drop.. tnt and nwh just started to outperform riocan in march and its also out performing bpy so i dont see your point

[anthony3]

the only thing you get from me is the tnt has a better chance of collecting all of its rent in bad times compared to riocan

[anthony3]

what matters right now isnt stock price.. its about the real fundementals.. stock price only shows how confidend investors are but it doesnt always show real facts..and the facts are those stores you mentioned are open and peope are shopping again like as if theirs no covid in onario 

[anthony3]

the market is pricing bpy and riocan shares like as if stores are still closed or theyre expecting bad rent collection...untill we get good news it will be this way.. share price doesnt matter right now..it when you look at the stores that they own what do you see.. this is what matters!

[Lacas24]

You are right. In many ways BPY and RioCan are the same. Terrible bets from both. What makes BPY a completely different animal is BAM and their nearly unlimited funds to redeveloping. They bought all those US Class A malls. Terrible choice at first glance. Not so much though. They bought those malls for the lot to redevelop. You can do that when it is a heavyweight behind you. I am not going to

[anthony3]

I see why you're so one sided and bashing riocan cause you own a boat load of shares in bpy and non in riocan..i understand that..at the end of the day you are enitiled to you're oppinion.. we can bash all we want but only thing that will mater is when the numbers come out...riocan doesnt have a life line 3rd party to back them like bpy but they do have enough cash to sustain the dividend.

[Lacas24]

No. Honestly I am not bashing RioCan due to bias. I own 6 different REITs. I am not married to BPY. I don't fall in love with stocks and I can pull the plug on anything if it goes sour. What I am trying to tell you with the friendliest possible way that you are holding an investment that is going to stagnate for a long time while the deals are going away There are so many better investments

[anthony3]

Lol like i said in my last post lett the report speak for it self. thats what going to matter, not what you or anyone else thinks.

[anthony3]

ING LOL that sh8t doesnt evet pay a dividend,TNT i already own it, Gazprom i hate oil companies since the crash.. the chart it sh8t. no growth.Airbus looks ok but it doesnt pay a dividend .. sales need to pick up..

[anthony3]

the riocan share price momentiom doent agree with u..

[Lacas24]

That's going to be my last reply we are not on the same level. The way you discarded those stocks tells me everything I need to know about your decision making. You discarded PB, PE, NAV all out the window because It doesn't pay dividend? Your quick assessment sounded like an 18 years old what he heard of MSNBC or Bloomberg. Don't worry about the fact that Gazprom. Is PE 4 paying 8

[anthony3]

PB??? wtf i think you're high as fawk over their where did you post about PB lool

[anthony3]

get your sh8t together bro

[anthony3]

non of the stocks you posted has an upside like riocan.. you are bashing!! and lying about itlol

[Lacas24]

So you are saying a Canadian retail REIT has higher upside then Airbus, Pembina or Gazprom? Lololol. You gotta love Stockhouse. Love this entertainment. Collection of the finest newbies in retail universe. I will leave you to sing cumbaya around a campfire praising RioCan.

[anthony3]

I bet you, riocan share price will recover before airbus Airbus orders come back to 2019 levels..Gazprom look at that sh8t chart for that past 10 years.. riocand will be 20 again before Gazprom recovers past 8 and it needs oil at 50..not happening. you didnt say nothing about ppl. but i bet you it wont see 50 before riocan hits 25

[anthony3]

for airbus to recover, air travel needs to be near at least 2.3 milion flights per day that creates a damand for more planes to be built.... nothing you can tell me

[anthony3]

canadian retail is up 18% vs last year june

[anthony3]

have fun living in delusional world lol thats all i see when your typing....you probably live in the US and have not a clue whats going on over here in canada.. so says talk all the sh8t you want lmfaoo

[Lacas24]

Wrong again. I am Canadian but let's just leave it there. Trading for the past 18 years as a profession. You stay with your choice and I will stay with mine. The rest is irrelevant. By tomorrow I won't remember you so this argument is moot anyway.

[NPCexe]

Lacas, thanks for the tips, as much as forums can get heated, I like how people can share information so that we all benefit in the end. The little guys gotta stick together! So the general consensus I suppose is hold some preferreds, not just common?

[Lacas24]

Absolutely. We should all share information. It benefits everyone. About the preferred shares. Personally I hold 2/3 common 1/3 prefered shares in case Brookfield trying to get cute and cut the dividend or forcing a buyout. That way preferred shares would be much more valuable than commons.

[CANCDN]

They arnt cutting dividend

[Lacas24]

Omg. Stop being so defensive. I didn't say they will. I said if they do by any chance preferred shares has much more value.

[CANCDN]

I have about a million between both BPY and RioCan, more heavy RioCan 14.77 avg RioCan 9.50 BPY, though I will be buying more today.

[Lacas24]

Sure you do. At least make up something believable. You have a million in 2 retail REIT? Then you are a liar or you have no idea what you doing. Who in their right mind would Invest in two dangerous stock that much? Retail REIT shouldn't be more than 5-10% of your portfolio. Even that is pushing it.

[anthony3]

when the report comes out and it agrees with what you are typing here then you can toot your horn as for now keep quiet and watch. you're oppinoin isnt based on facts its just an oppinoin. all im reading is bla bla blah.

[Lacas24]

Come on. Don't play this game. Why would you want to compare charts from a decade ago? RioCan was big before the retail exodus. You have to roll with the times. Check how RioCan and the ones I mentioned pre Covid, during and recovering. Market loves Granite, TNT , CAR and NWH for a good reason and hates RioCan guts. It is an ancient dog living in a past.

[anthony3]

if i compare the charts they out perform riocan and bpy because both reits are in the same space of retail and office