Minto Apartment Real Estate Investment Trust T.MI.UN

Buzz on the Bullboards: Bombardier, world woes, a smart fridge, and top shelf weed

[Jonathon Brown]

A highlight of the week was Bombardier (TSX:BBD), which reported impressive growth in its Q3 2024 results. read article.

[Panic54321]

 This is good news!   Should help the numbers slightly going forward !   

[PressRelease]

̶ Amount represents a 3% increase from previous level ̶OTTAWA, ON, Nov. 15, 2024 /CNW/ - Minto Apartment Real Estate Investment Trust (the "REIT") (TSX: MI.UN) today announced a cash distribution of $0.04333 per REIT unit for the month of November 2024. Payment will be made on December 16, 2024...read article.

[PressRelease]

— Sale price is at a premium to IFRS fair value, highlighting the significant net asset value discount implied by the unit price —OTTAWA, ON, Nov. 15, 2024 /CNW/ - Minto Apartment Real Estate Investment Trust (the "REIT") (TSX: MI.UN) announced today that it has entered into an agreement to sell...read article.

[incomedreamer11]

 CIBC’s Dean Wilkinson lowered his target for Minto Apartment REIT (MI.UN-T) to $20 from $21, keeping an “outperformer” rating. Other changes include: BMO’s Michael Markidis to $18 from

[Panic54321]

Good earnings !!  great assets ... ( trading way under NAV ) good balance sheet..!  raise the dividend every year.. earnings go up every year.. yeah, no one cares. The sector

[PressRelease]

— Strong revenue and cash flow per unit growth; Distributions increased 3.0% —OTTAWA, ON, Nov. 12, 2024 /CNW/ - Minto Apartment Real Estate Investment Trust (the "REIT") (TSX: MI.UN) today announced its financial results for the third quarter and nine months ended September 30, 2024 ("Q3 2024...read article.

[Panic54321]

Let's hope they're decent earnings..  seems like the market doesn't care that much even if they are, they want to sell down the apartment reit sector..    Covid levels ...&

[Panic54321]

It was mainly just to the liberal government announcing that they're cutting immigration targets for the next few years.... ( of course, all that can change as we know ).    Also

[brennen44]

I would also some info on this matter     thanks

[JCMartin]

Can anybody expand on why all the Canadian apartment REITs have been getting killed?

[InvestSmarter]

I am buying MI, MPCT (Dream Impact), DIR (Industrial) and maybe IIP. The last week's weakness has likely been the rising bond yields (temporary IMO) and the 20% reduction in immigration news

[Panic54321]

I am also just  back into these two positions and I totally agree with your  Analysis....    ( not to mention all in Canada and interest rates here have now dropped 1.25% in total

[EstevanOutsider]

Matt Kornack compressed cap rates by 20 basis points. Minto = $20.50. Minto NAV = $22.50 (4.25% cap rate)

[Possibleidiot01]

WEAK BUY Minto Apartment REIT(MI.UN-T) 08/10/2024   Given the housing shortage, is the focus on building new homes a tailwind for REITs? Long-term, yes,

[EstevanOutsider]

selloff gave an opportunity to get back in. like the lower beta nature/defensive into macro weakness. seems like resi is the new office (narrative wise) headlines about immigration curtailments with