Post by
SNAKEYBOY on Jul 12, 2023 7:54pm
HR REIT
Add back $3 FOR PMZ, and we're at $13.40. Considering HR was $25 10 years ago, a high quality diversified reit, hard to believe with record inflation it's value feel $12. Whose to say in 10 years we're not at $6? I'm really questioning if reits are good to be in with this capital destruction. Imagine buying in 2013 and looking now and seeing half your principal gone
Comment by
SNAKEYBOY on Jul 12, 2023 11:31pm
The Primaris/PMZ split off of 4:1 share made HR drop by $3.