Daily Stock Opinions and Ratings

Opinions

Dennis Mitchell, CFA TransGlobe Apartment REIT TGA.UN-T TOP PICK Dec 05, 2011

He is the largest unit holder on this name. Apartments, national portfolio. Did very good job of leasing up apartments they bought that had high vacancy rates.

Dennis Mitchell, CFA

Owned

Unlock Rating

$11.390

Stock price when the opinion was issued

REAL ESTATE

It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

Get Signals Create your Watchlist

You might be interested:

PAST TOP PICK

(A Top Pick Oct 18/11. Up 7.79%.)

PAST TOP PICK

(A Top Pick Feb 2/11. Up 19.81%.)

TOP PICK

(A Top Pick Feb 4/11. Up 17.53%.) Apartments. Low multiple of 15. Have had some bad publicity about infrastructure stuff. Reasonably high yield.

BUY ON WEAKNESS

National apartment landlord trading at around $12 and is worth about $12.50-$13. Good management. If you are comfortable with an 8% all in total return you can find here, but he would wait for a little bit of a pullback.

BUY ON WEAKNESS

Most of their apartments are in trouble Ontario with some in Alberta. Payout ratio is about 95%. 6.25% yield.

HOLD

(Market Call Minute.) Have a lot of renovation stuff to do.

COMMENT

Going private and whether you should sell at what the stated price is, he hasn’t had a chance to study it.

COMMENT

There is a bid to buy the shares at $14.25. Fair value was estimated at $13.25-$15.25. Thinks it unlikely that a higher bid will be made.

PAST TOP PICK

(Top Pick Oct 18/11, Up 32.34%)

PAST TOP PICK

(A Top Pick Dec 5/11. Up 29.52%.) Acquired.

Most Recent Experts

Daniel Straus

National Bank Financial

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

Stan Wong

Private Wealth Management, ScotiaMcleod

Stockchase Insights

5i Research

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : hello@stockchase.com.

Dennis Mitchell, CFA TransGlobe Apartment REIT TGA.UN-T TOP PICK Dec 05, 2011

You might be interested:

TransGlobe Apartment REIT(TGA.UN-T)

TransGlobe Apartment REIT(TGA.UN-T)

TransGlobe Apartment REIT(TGA.UN-T)

TransGlobe Apartment REIT(TGA.UN-T)

TransGlobe Apartment REIT(TGA.UN-T)

TransGlobe Apartment REIT(TGA.UN-T)

TransGlobe Apartment REIT(TGA.UN-T)

TransGlobe Apartment REIT(TGA.UN-T)

TransGlobe Apartment REIT(TGA.UN-T)

TransGlobe Apartment REIT(TGA.UN-T)

Latest Buy Signals

Today's Top Picks

Popular Articles

Latest Sell Signals

Most Recent Experts

Daniel Straus

The Panic-Proof Portfolio (Stockchase Research)

The Weekly Buzzing Stocks by Billy Kawasaki

Stan Wong

Stockchase Insights