Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

Samir’s Gambit

[Frankie10]

CDN CPI cooling, CDN gdp per capita in a negative trend, JPY breaking, Europe has been a mess... 

US holds all the cards. This is why the UN was begging the US to cut rates. The power of the US and the USD as the global reserve currency is on full display.

Needless to say, I expect rate cuts, in Canada at least. On top of rate cuts, which will send cap rates lower - Samir is about to get his hands on nearly half a billion of proceeds -- while the unit price trades at a DEEP discount to NAV. I have been buying all year. I can't wait to see Samir's Gambit.

[jmkOttawa]

Very astute investing.

[garyreins]

Havent seen any big asset sales since Dec 220m in retail......until more go unconditional its not a done deal.  Would be nice if the remaining retail was sold by now, a game changed if you will

[DZtrader]

"I can't wait to see Samir's Gambit."................. Picture if you will, my hands over my face all the while peeking between my fingers! An interesting scenario, to be sure. I know what he's itching to do, but won't dare to, this I have already commented on. One should think his prudent side should prevail here. I think the BOC is readying for cuts here not later

[jmkOttawa]

Confucius is the best!!!