Post by
houbahop on Sep 16, 2024 12:26pm
AX.un is going to $9-$9.50
Simply look the 3-year chart.
And on a fundamental perspective, a 7.5% dividend yield is becoming more and more attractive as more money is leaving short term bonds to get better returns.
Any weakness is a buying opportunity to buy more, imo.
It rose 20%+ in a single month. Profit taking is only normal.
I'll be buying more...
Comment by
jmkOttawa on Sep 16, 2024 1:15pm
I think youre right. Q3 release will confirm new debt metrics and the NCIB continues to bring down unit count and improve AFFO
Comment by
Frankie10 on Sep 16, 2024 7:35pm
Couldnt agree more. See u guys at $9.