Post by
McStockface on Jan 02, 2025 12:57pm
Hopefully more insider buying
in 2025... It was terrible in 2024 compared to other years. Either insiders don't see value in buying at these prices or something is up and they may be in the process/discussions of buyout or taking PLZ private? This one has been particularly a dog the last year and trading well below NAV. It has very smart people running it and they own a large portion of the shares (which normally is a good sign).
Opinions?
Comment by
canadian on Jan 03, 2025 8:16am
Yes, very undervalued. With new development projects in pipeline payout ratio will fall close to 70%. Also Trump Tariffs will have minimal effect on retail reits. Also interest rates may even fall further if Trump imposes Tariffs on Canada. High chances of a buyout or going private
Comment by
McStockface on Jan 03, 2025 2:00pm
I am hoping for the buyout or going private.
Comment by
Podios2 on Jan 06, 2025 5:59am
I'm surprised this company hasn't been taken out already insider's own alot of shares perhaps holding out for a good price?