Slate Grocery REIT Class U Units T.SGR.UN

RE:RE:BMO analyst update

[DanielDarden123]

DanielDarden123 wrote: While the future is always guesswork, the absence of the mention of an improved NOI leaves a gap worth noticing. With a further drop of the cap rate <7% and a 5% improvement in NOI, the NAV/u moves up considerably with a corresponding sp jump >$15Can.

That didn’t take long! It is always difficult to determine what the market is pricing in and what is being overlooked. This repricing seems to indicate changing sentiment and expectations of a lower payout ratio going forward.