Q: DIR is up 25% since June. Do you think this REIT is now overvalued or fairly valued and what are your thoughts about its growth prospects in the next 2 to 3 years?
Thanks for the great service.
Thanks for the great service.
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Could you comment on both DRM's third quarter results and also your overall impression of it. It has grown in to my second largest holding and it seems like they are doing many things right....wondering if you feel the same?
Q: I was very impressed with the recent quarterly report for ERE it would appear that its growth prospects are excellent and dividends will surely go up again in february (or thereabouts). Do you agree?
Is the share price divided by AFFO the most appropriate way of evaluating whether it is undervalued or fully valued, compared to its peers? If so, isn't this one very cheap indeed? Debt and POR look good, so I am just wondering about the valuation.
I realize it is harder to get information from
Europe, but this one seems to be in an excellent housing market with an excellent pipeline - and they have proven this already - so should there really be a discount (or much of one)?
Is the share price divided by AFFO the most appropriate way of evaluating whether it is undervalued or fully valued, compared to its peers? If so, isn't this one very cheap indeed? Debt and POR look good, so I am just wondering about the valuation.
I realize it is harder to get information from
Europe, but this one seems to be in an excellent housing market with an excellent pipeline - and they have proven this already - so should there really be a discount (or much of one)?
Q: How did the earnings look?
Q: Do you think REITS, with their combination of high debt and yield are particularly vulnerable in a rising rate environment? Or does the underlying economic improvement that leads to rising rates counteract this? Also which sectoral REITS would you prefer in a rising rate environment if any, and finally if you have any other thoughts on this, please share them. Thanks.
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Tricon Residential Inc. (TCN)
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Granite Real Estate Investment Trust (GRT.UN)
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Summit Industrial Income REIT (SMU.UN)
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Dream Industrial Real Estate Investment Trust (DIR.UN)
Q: My Real Estate holdings, aside from a paid off home, are DIR.UN (39% of real estate holdings; up 46%), GRT.UN (13%; 11.7%), SMU.UN (16.5%; 9.5%) and TCN (31.5%; 28%).
My longer term holdings have been DIR and TCN. Following 5i's emphasis upon Industrials as a current favourable sector and comments that Industrial REITs are fewer in number (eg WPT's recent buy out by Blackstone) and therefore more valuable, plus a TD analyst comments on the possibility of an SMU buy out, I bought GRT and SMU.
However, in a general intent to streamline my overall portfolio to fewer and 'best quality' holdings, how would you suggest I amalgamate these holdings to maintain subsector and geographic coverage with projected best return? Which is the least desirable holding(s) that I might sell?
My longer term holdings have been DIR and TCN. Following 5i's emphasis upon Industrials as a current favourable sector and comments that Industrial REITs are fewer in number (eg WPT's recent buy out by Blackstone) and therefore more valuable, plus a TD analyst comments on the possibility of an SMU buy out, I bought GRT and SMU.
However, in a general intent to streamline my overall portfolio to fewer and 'best quality' holdings, how would you suggest I amalgamate these holdings to maintain subsector and geographic coverage with projected best return? Which is the least desirable holding(s) that I might sell?
Q: I would appreciate your thoughts about this company. Thanks!
Q: Could you please update your views on Americold. Do you think the recent price declines represent an opportunity? Thanks!
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Granite Real Estate Investment Trust (GRT.UN)
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Information Services Corporation Class A Limited Voting Shares (ISV)
Q: May I have your comments on earnings please. Super service!
Q: When REITs have dispositions during the year does it prompt year-end special distributions?
How often does this happen.?
I saw a note about AX.UN maybe doing a distribution because new management sold all that valuable industrial property (a mistake in my opinion).
Is it mandatory?
When and why do shareholders get the bonus?
How often does this happen.?
I saw a note about AX.UN maybe doing a distribution because new management sold all that valuable industrial property (a mistake in my opinion).
Is it mandatory?
When and why do shareholders get the bonus?
Q: HI
I am woefully low in real estate and notice you have only 1 REIT in your three model portfolios combined albeit an equal weight REIT but your total real estate sector allocation would still be low. Are you bearish on real estate?
What if any real estate stocks do you like or would you still just favor ZRE for diversification for an RRSP holding? What would you suggest for real estate sector allocation percentage?
I am woefully low in real estate and notice you have only 1 REIT in your three model portfolios combined albeit an equal weight REIT but your total real estate sector allocation would still be low. Are you bearish on real estate?
What if any real estate stocks do you like or would you still just favor ZRE for diversification for an RRSP holding? What would you suggest for real estate sector allocation percentage?
Q: I hold this stock for a potential rebound to prepandemic levels. What effect would higher, and much higher interest rates (double digit) have on this company?
Q: Hi 5i,
With Zillow dropping the bomb on iBuying, does this mean eXpi should do better since it's more a brokerage than buying and reselling for itself? Or does it mean bad news for the entire industry?
TIA!
Wayne
With Zillow dropping the bomb on iBuying, does this mean eXpi should do better since it's more a brokerage than buying and reselling for itself? Or does it mean bad news for the entire industry?
TIA!
Wayne
Q: Can I please get your take on Dream Unlimited? This stock's chart has been kind of astonishing in its smooth, upward progression. What do you think of it in terms of safety as well as capital appreciation?
Q: Is it possible to determine a price at which Zillow becomes attractive based on its original / remaining business? If so, what do you think this number might be?
What's the difference between Z and ZG?
What's the difference between Z and ZG?
Q: Hi 5i, pls comment on earnings release and any material info going forward. Thx
Q: TCN received a couple of analyst rating that were just average. Stock is down today. Can you comment on what your assessment is and what the future might hold? I have owned many years and it appears to be a well run company.
Q: What is your opinion of this one? Is it worth holding on to? Let me know your thoughts
Q: HCG has survived and appears to be doing well. Do you like it or can you suggest others that you would prefer.
Can we expect them to start a dividend.
Please look into your crystal ball.
PB
Can we expect them to start a dividend.
Please look into your crystal ball.
PB
Q: Hi 5i,
I'm not sure this is an appropriate question to ask but, here goes.
I was considering purchasing AMT for my TFSA and NonReg accounts.
Can you help explain the taxation issues I need to be aware of for each account. (capital gains and losses, distributions, dividends etc.
I understand that the taxation issues for a US REIT may be different from a US stock.
Thanks
I'm not sure this is an appropriate question to ask but, here goes.
I was considering purchasing AMT for my TFSA and NonReg accounts.
Can you help explain the taxation issues I need to be aware of for each account. (capital gains and losses, distributions, dividends etc.
I understand that the taxation issues for a US REIT may be different from a US stock.
Thanks