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

C'mon Estie

[garyreins]

The least of Samir Manjis problems is the "unit price moving up too fast".  Lol, it  couldnt get past $7 on like five occassions!!!!!!!!!!   The AFFO is over 100%  and its predominantly an office REIT now based on NOI.

Im not so sure those rate cuts are coming, look at the bond market- smart $

The REIT space does not view asset sales as a catayst, as you think it should.   Sadly, HR, TNT, Artis announcing asset sales at FMV or higher has not created even a small rally the day after (well for HR it did, but then it tanked again)

Now if he releases a bad AFFO quarter with payout ratio like 120% and the unit price falls back to 5.50, then to save face he possibly can pony up a SIB for $6-7 for 15m shares.

We shall see.

Q1 is just weeks away!!!!

[EstevanOutsider]

i dont know, we'll see. reits are in a bear market but bear markets always come to an end. fundamentals are still good and macro headwinds are possibly going to become tailwinds. it's not the first asset class that has been in a bear market. better to be in a position to take advantage of the dislocation to valuation with buybacks or sibs while trading so weakly. not all managers have the

[jmkOttawa]

Gary, you got burned trying to predict the future when you loaded up on Dream office in the 14's last May, expecting to cash in at 15.50 with the SIB. By now, you should know that trying to predict the future without a working crystal ball is not helpful (spoiler alert- the crystal balls were all picked up by the nasty Wall street shorts at the last fox hunt). REITs are close to an all time