Post by
SNAKEYBOY on May 10, 2023 4:49pm
PAIN TRAIN
I dont know man, hard to believe you can lose your shirt like this owning real estate. Gotta stick with the big boys- HR, DREAM OFFICE, RIOCAN, SMARTCENTERS. You know they're going to be around forever and have balance sheet to handle anything.
TNT is toxic. Hoping DDs NCIB and friendly shareholder iniatives can pay off for a bounce....so I can get out!!!!!!!!!!
Comment by
EstevanOutsider on May 10, 2023 10:31pm
smartcentres look more risky to me. 100% payout this quarter. everyone thinks it is safer but they may be in a surprise. TNT seems much safer to me especially after the distribution cut.
Comment by
SNAKEYBOY on May 10, 2023 10:46pm
Yeah but its not just a queston of dividend being safe....balance sheet, development pipeline, SCALE, and type of assets- residential/walmart. TNT losing 3% a day for a month is pretty brutal