Whiterock Real Estate Investment Trust T.WRK.DB.K

Very simple actually

[Grabow]

great discourse here, side deals, shell companies
thats all well and good
but thanks to their presentation, where i heard the 4 sweetest  words
"the distribution is secure" that was enough for me
now of course,there could be issues
but considering the CEO is the biggest unit holder
(never underestimate management greed)
so I locked in at a 19.5% yield
i have been watching WRK.UN for a while
never took the plunge,always felt the distribution was too good to be true
so even if this REIT never appreciates from here
who cares
as long as they keep payng me19.5% i'll be content
after the announcement of a secure distribtion = no brainer
no brainer
if they do ever cut their distribution now
they will get slaughtered
even more incentive to keep their distribution intact
seems like a no brainer

[canadafan]

Grabow;you are right on! The ONLY reason I invest $$$ in a REIT is for distributions.I have a balanced portfolio of REITs, GICs and Mutual Funds......my 100% secure GIC re giving me a blazing 4% average !!!WRK as you say is at present market 18%++, I do not give a flying fig, about any of the other drama, which people can dream up.Listen to the management presentation, cosult someone in the

[Grabow]

Hey thanks Canadafansounds like you are into yieldcheck out KNA and STBsolid companies uneffected by th economy(funeral homes and school bussing respectively)cheers