Dream Global Real Estate Investment Trust Tr Unit DUNDF

could we go back down sub $8.00?

[electricsockets]

this Brexit mess will take months to straighten out. 

It is certainly a new short to medium term trend for EU stocks now....the question now is how low can we go?

Dream Global’s payout ratio, based on its first-quarter diluted FFO per unit, I understand was 100%. This is a huge improvement!  But, there’s no margin of safety for its 8.7% yield - this as I see it, is the biggest RISK to this stock and the massive uncertainty after BREXIT. 

I just wish DRG's FFO payout ratio was well under 100%. Everything else for this stock is fantastic. 

Just my thoughts - appreciate yours!

[MrAnderson]

Hard to say what might happen short term.  It takes years to get into the EU and it will take them years to get out.  So it is more about how companies will react to slow long term uncertainty and the prospect of eventual change.  Initially a company may desire to hold off making decisions but companies cant opperate in "hold" mode for years, so they will get used to it

[Tad]

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[electricsockets]

rationally I agree with you Tad - but markets and sell offs are often irrational as are British voters IMO ;) in my experience with large market shocks like this one - there's an initial sell off - then a brief period of buying deal seekers/recovery - then the market digests further and said sell off may continue.  so many unknowns on this story. uncertainty = volatility

[electricsockets]

well that sucks  - I only got a little under $9.00 ;) 

[Tad]

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[electricsockets]

sold a chuck today - I am risk adverse by nature - and this unusually strong rally so soon after BREXIT seems a litte too premature.....esp considering all the unknowns and weighing the fact the company isn't quite yet under 100% diluted FFO per unit.   If I am wrong, I can't see beiing too wrong at these values - and money in the pocket is better then staying in at these levels

[charmed3timer]

Going forward post Brexit, we will be in an environment where rates will be lower for way longer than most people can fathom. We're talking decades here... REITs, dividend stocks, and precious metal stocks will out perform in this new arena.

[Tad]

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[bttmfischer]

Just came back from Europe on July 2nd, and they were talking about Frexit now. I have quite a few of  DRG.UN, and would like to top it up to 30K shares, if it  goes down to $8.00 or less. I like the company, no worries at all. GLTA