Post by
Sapho on Dec 15, 2020 5:58pm
14 Dec. 2020 CAREI.UN BMO Capital Jenny Ma 2,351 HOLD $18.00
Analyst are all over with their target price.
Comment by
CANCDN on Dec 15, 2020 6:18pm
Jenny MA? Seriously? They say she put out her last target of 17.20, RioCan went from 14 to 16.80. According to IKBR analyst rankings, she is right about 16% of the time. Want to know who is right 87% of the time? The Scotia analyst who called 27
Comment by
Sapho on Dec 15, 2020 6:26pm
There are so many who have no clue. that was the only one that showed up in TD for REI in a long time .
Comment by
hroark7 on Dec 15, 2020 7:11pm
Jenny Ma is a retard. She covered Northview when I owned it and she gave it a cr@p rating. B!tch, the stock went from $18 to $36.25 for me while I collected 5 years worth of tax-advantaged distributions.
Comment by
materialsgirl on Dec 16, 2020 9:09am
Jenny Ma had no way to know that Starlight would place a crazy high offer for NVU. It was a shot out of the blue. I have no basis to assess her mat
Comment by
hroark7 on Dec 16, 2020 10:31am
The stock was already in the high 20's before that happened. And now with apartment buildings in GTA selling at below 2 cap, that "crazy high offer" is now a bargain basement price.
Comment by
materialsgirl on Dec 16, 2020 12:18pm
Did Northview have a lot of property in the GTA? mat
Comment by
hroark7 on Dec 16, 2020 12:36pm
About 40% of their properties were in Ontario. In fact, I owned NVU when it was a company called True North Apartment REIT (TN.UN) that got bought out my NPR.UN which became NVU.UN. TN.UN owned properties 100% in Ontario.
Comment by
materialsgirl on Dec 16, 2020 7:33pm
Yes. Toronto is a part of Ontario. Still a cap rate in downtown Toronto does not translate into a similar cap rate elsewhere in the province. mat