TSX:REI.UN - Post by User
Post by Jamested84on Mar 18, 2025 5:21pm
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Post# 36499036
over-reaction in my opinion
over-reaction in my opinion In Rio can's news release they said total hbc equity exposure amounts to 3.3% and the stockwas down 3.7% today ..
TD analysts estimate about a .04 cent hit to AFFO .. and with REI.UN trading at 13X's AFFO before this anouncement it should only have gone down 52 cents today...( .04 cents X's 13 )
With a 6.5% distribution and a sub 80% payout ratio this looks pretty atractive. On top of that with time the HBC properties will be redeveloped and start earning again .. JMHO