PRO Real Estate Investment 8 Convertible Unsecured Subod Debentures T.PRV.DB

Dividend cut coming ?

[incomedreamer11]

With AFFO around 100% and debenture 8%,if they don't improve perfprmence

dividend cut coming in the end of this tear.

They already cut dividend in 2020 and never increase it.

They should stop issue shares every time around 7- 7.5 CAD

[canadian]

Are you a short seller giving false information? Affo payout ratio is 87%. They just swapped the type of debt. Debt to Gross Book Value* of 49.2% at March 31, 2023, compared to 51.2% at same date last year

[incomedreamer11]

Managment just artificial increase AFFO using depreciation report on some office property From TD  Year                          2021A               2022A             2023E             2024E EBITDA ($mm)   

[canadian]

Stop choosing what you want short seller! Stop spreading fake information From earnings transcript: Continuing on with same property income, net operating income and, as discussed during our last call, in Q2 and Q3 of 2023, our industrial same property will be largely affected by a six-month vacancy for our 100,000 square foot property in Montreal. Effective September 1, 2023, the property will

[Capharnaum]

TD's numbers are just not good. AFFO payout has been stable for the past two years and first semester around 88%. As to the office comment, Pro only has 6% of their portfolio in real estate, plus amortizing never has any effect on AFFO.

[canadian]

Short sellers are attacking reits even with zero or very low exposure to office. It's good time for people who misside the covid rally. my guess is BoC might start cutting interest rates soon. Looking at last month job numbers, 6k full time jobs lost and all the gains were in part time. Last year I used to see so many "Now Hiring" signs. Now no signs as many (1 million last year

[canadian]

Read the earnings report before believibg the dumb analyst: From your comment 2023E FFO/unit is -12%, reflecting the elevated G&A in Q1/23 From earnings report General and administrative expenses for the three month period ended March 31, 2023 were $3,518, an increase of $2,316 over the same period in 2022. The increase is primarily due to the one-time retirement fee of approximately $1