Post by
Frank007 on Feb 11, 2024 3:18pm
Debt …
Debt can be a good thing ...the best use of funds is to buy cheap assets. Or pay down debt ...the debt just have to match the liabilities ....raise rents a touch .....when forced to sell assets it's like shooting your sel in the foot ...I see the manipulation going on here as the sharks ...trying to shake out weak hands .....I may pick up some more tomorrow if it keeps dropping ...very good price to net assets ....they could cut div again if need be ....Nwh.un is not going away ....
Comment by
garyreins on Feb 11, 2024 6:14pm
Thats a bit of a useless argument that they're not going away and another dividend cut may be necessary...the stock will literally go to $1.50. They need to deliver results. Thats what the strategic review is for. I agree that the implied cap rate down here is probably 7-8% which is a bit high given the asset class. This committee needs to deliver a significant asset sale minimum
Comment by
RANDMASTER on Feb 12, 2024 10:53am
Gary you're sounding more and more desperate with every post.