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Bullboard - Stock Discussion Forum PRO Real Estate Investment 8 Convertible Unsecured Subod Debentures T.PRV.DB

Alternate Symbol(s):  PRVFF | T.PRV.UN

PRO Real Estate Investment Trust is a Canada-based open-ended real estate investment trust. The Company owns a portfolio of commercial real estate properties in Canada, with an industrial focus in robust secondary markets. The Company’s segments include three classifications of investment properties: Industrial, Retail and Office. All of the Company’s activities are located in a single segment,... see more

TSX:PRV.DB - Post Discussion

Post by Francine01 on Nov 23, 2021 11:24am

WTF

Someone knows what is goin on ? SP was at 8$ pre-covid, 99% rent was collected during the period. SP stablized at around 7$. since the acquisition and financing at 6,85$ its a free fall to 6,55$. 

Any bad news, major shareholder selloff? 

Tks
Comment by Morphy75 on Nov 23, 2021 8:32pm
Srieux , il n'y a pas de panique avec cette faible WTFchute de 4% . Il y a tout de mme de gros volume d'acheteurs sur le stock .  Les vendeurs dcouverts devront tt ou tard venir faire face aux lois du march , c'est dire racheter leurs positions fautes de vendeurs .,Aucune panique voir ici . La patience est de mise . a me donne juste le got d'en racheter davantage ce ...more  
Comment by bcsc on Nov 24, 2021 11:24am
I believe that there was some speculation that distributions were going to be increased, partly if not fully back to prerpandemic levels. When the quarterly results were released and no change was made to the distribution some selling has resulted. I also belive that the indication that they are moving to be more of an industrial play indicates that there is far less chance that the distribution ...more  
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