Company Overview and News
The well covered 6.9% yield, higher insider ownership and possibility of a buyout give us patience to wait. (15-1)
Cominar REIT (OTCPK:CMLEF) decided it was probably not a great idea for its investors to have a quiet Christmas. On December 18 it announced a radical transaction to sell its properties. Management had previously guided on this quite differently. First the properties were supposed to be sold in multiple tranches. Second, this would begin the middle of 2018. Based on this new information we reanalyzed the REIT's potential cash flow, dividend coverage and forward valuation.
We initially recommended Cominar REIT (OTCPK:CMLEF) in mid-July. We doubled down on Cominar REIT after the dividend was cut and it has paid off nicely with the stock higher than before the cut and up significantly from the panic lows. We now examine whether the dividend is sustainable post the property sales. (156-0)
LONDON, UK / ACCESSWIRE / November 28, 2017 / Active-Investors' free stock reports for this morning include these Toronto Exchanges' equities from the REITs industry: Northview Apartment REIT (TSX: NVU-UN), Temple Hotels (TSX: TPH), Plaza Retail REIT (TSX: PLZ-UN), and Morguard REIT (TSX: MRT-UN). Access our complimentary up-to-the-minute research reports by becoming an online member now: www.active-investors. (15-0)
In spite of its being one of the worst-performing REITs on the TSX and trading at a cheap valuation, we are not interested in initiating a position. (15-0)
Insiders own over 60% of the firm and are happy to increase positions with little fanfare.
LONDON, UK / ACCESSWIRE / September 13, 2017 / Pro-Trader Daily has lined up these stocks for our daily research reports coverage. Before the markets open, Pro-TD makes a brief technical snapshot of select stocks with the REITs industry and that trades on the Toronto Exchanges. This Morning, our team has regrouped these stocks for study: Pure Multi-Family REIT, Morguard REIT, Automotive Properties REIT, and Partners REIT.
Very few people actively enjoy reading balance sheets and financial statements. I don't, but it's a necessary evil. Relying on numbers coming out of stock screeners is often misleading. To illustrate, let's examine the history of Morguard North American Residential REIT (OTC:MNARF), which just released Q2 earnings this morning and is trading up slightly on the news.
(Editor's note: Morguard trades with much greater liquidity on the Toronto Stock Exchange under ticker MRC.)
Morguard Real Estate Investment Trust ("Morguard REIT" or the "REIT") (TSX:MRT.UN) announced today that it has entered into an agreement with a syndicate of underwriters, co-led by RBC Capital Markets and TD Securities Inc., for the purchase by the underwriters, on a bought deal basis, subject to regulatory approval, of $175,000,000 aggregate principal amount of 4.50% convertible unsecured subordinated debentures due December 31, 2021 (the "Debentures").
Worried that the U.S. stock market is too high?Here are 11 fairly valued Canadian dividend growth stocks in various sectors.There are many high quality and attractively valued financial dividend growt
<< Return to Part IThis is the second article of the series, and my first to identify specific securities to attain a high-yield goal. This and the subsequent articles will not focus on the usua
Blackmont Capital analyst Gail Mifsud says there has been a major transition in the capital markets that should change the way investors value real estate companies and trusts.Ms. Mifsud says the focu
2017-12-11 - Wilton
2017-12-11 - Wilton
2017-12-03 - Wilton
2017-11-27 - Wilton