Post by
Malpeque2 on Feb 19, 2021 12:23pm
The Trading Halt..............
It's all for dramatic effect. All BS. The conference call was a bunch of BS. I read the transcript.
Either SAHI is full of SH&T or he has lost his mind?
He couldn't hardly answer even a simple question. Maybe he doesn't know what day it is or he is just faking stupidity.
The office properties in ONtario are performing vey well thank you........ditto for the retail strip mall grocery anchored business. This is a fairly diversified REIT and the Mall business does not look to me like it's a big enough % of the total to take it down.
IF MRT was having serious liquidity issues they would probably just default on a mall mortgage or two or 3.
IMO they can EASILY blow out a Ontario property or two and raise a big chunk of cash for whatever purpose...........including dividends and returns of capital. THey could easily unload a portion of the retail strip malls and do the same.
The Alberta office properties and the Enclosed Malls are risky assets at the current time but this can improve later in 2021 and 2022/23 time frame.
Comment by
HermannHaller on Feb 19, 2021 12:50pm
Sahi was talking about things getting back to normal in 12-18 months. I think that is overly pessimistic. But no one knows for sure, and I guess it's good that he is cautious. My money is on a quicker recovery, due to cases dropping and vaccines rolling out. I think this stock is still a great re-opening play, and could double from these levels over the next 12 months.