Post by
electricsockets on Dec 29, 2015 1:41pm
Dream Global REIT - xmas rally
wow - just like deja vu! ;)
that was a nice Christmas rally, I'm waiting for the next pull back to dip my feet in a little deeper. This stock is so crazy under valued IMHO. A Canadian TSX play on strictly the higher growth market of Germany (and Vienna too!) where earnings are collected in EURO and then brought into the weaker CAD$ - all with a 9% +++ annual DIV for the privilege.
This stock should off set both the weaker canadian dollar risk and weaker canadian GDP risk with other Canadian equities all without leaving the TSX or exchanging investment currency. Curious if anyone else has thoughts on this topic relating to DRG.u or could add maybe something I am missing here?
just my personal thoughts. do your own research. GLTL's
Comment by
teekae on Dec 29, 2015 1:50pm
Canadian 10 year bond has also dropped from 1.5 on Fed day, to 1.37 today When people start realizing that interest rates are not going up, REITS will start doing well again. It has nothing to do with fundamentals, the whole sector is undervalued. People were afraid of the rising rate boogyman, which seems to be a no show