OneREIT

ONR.UN-T

0.00
0.00 (0.00%)
This company is not ACTIVE.

Analysis and Opinions about ONR.UN-T

Signal
Opinion
Expert
COMMENT
COMMENT
February 10, 2012
Involved with Smart Centers and share some management with Calloway (CWT.UN-T). There are always questions on this and their very high payout ratio. This is still a caveat emptor. Feels it is a survivor but is high risk.
Show full opinionHide full opinion
OneREIT (ONR.UN-T)
February 10, 2012
Involved with Smart Centers and share some management with Calloway (CWT.UN-T). There are always questions on this and their very high payout ratio. This is still a caveat emptor. Feels it is a survivor but is high risk.
HOLD
HOLD
January 6, 2012
Has been evolving for quite a while. Came from a period where it was phenomenally unpopular but it always had one significant feature, important investors. Unique feature of smaller shopping centers. Very high yield.
Show full opinionHide full opinion
OneREIT (ONR.UN-T)
January 6, 2012
Has been evolving for quite a while. Came from a period where it was phenomenally unpopular but it always had one significant feature, important investors. Unique feature of smaller shopping centers. Very high yield.
PAST TOP PICK
PAST TOP PICK
December 21, 2011
(A Top Pick Jan 18/11. Up 5.15%.) Still likes it but he sold most of his position. Has a very nice distribution of 8.6%. They are overpaying their distribution but he believes they are going to grow into it. There was some disappointment when only one of their 8 Zellers’ stores was picked up by Target.
Show full opinionHide full opinion
OneREIT (ONR.UN-T)
December 21, 2011
(A Top Pick Jan 18/11. Up 5.15%.) Still likes it but he sold most of his position. Has a very nice distribution of 8.6%. They are overpaying their distribution but he believes they are going to grow into it. There was some disappointment when only one of their 8 Zellers’ stores was picked up by Target.
HOLD
HOLD
November 16, 2011
The problem is that the payout ratio is extremely high. The owners are such that they are probably going to let that happen and just gradually try to make it work. Good management. Constantly improving.
Show full opinionHide full opinion
OneREIT (ONR.UN-T)
November 16, 2011
The problem is that the payout ratio is extremely high. The owners are such that they are probably going to let that happen and just gradually try to make it work. Good management. Constantly improving.
DON'T BUY
DON'T BUY
October 21, 2011
They own B and C quality retail assets. Leverage is too high and distribution is not sustainable at its current level.
Show full opinionHide full opinion
OneREIT (ONR.UN-T)
October 21, 2011
They own B and C quality retail assets. Leverage is too high and distribution is not sustainable at its current level.
BUY
BUY
September 26, 2011
Shopping space, secondary market. Good yield of over 10%. Larger, more liquid names have retained their values but the smaller ones like this had a drop in unit prices. Has been overdone.
Show full opinionHide full opinion
OneREIT (ONR.UN-T)
September 26, 2011
Shopping space, secondary market. Good yield of over 10%. Larger, more liquid names have retained their values but the smaller ones like this had a drop in unit prices. Has been overdone.
DON'T BUY
DON'T BUY
August 4, 2011
Tier 2 or Tier 3 retail REIT in Canada. Significantly over distributing and are over levered. Strong management. There are better places to be.
Show full opinionHide full opinion
OneREIT (ONR.UN-T)
August 4, 2011
Tier 2 or Tier 3 retail REIT in Canada. Significantly over distributing and are over levered. Strong management. There are better places to be.
COMMENT
COMMENT
July 14, 2011
New management has done a great job re-organizing and growing this REIT. Most analysts are fairly positive on the story.
Show full opinionHide full opinion
OneREIT (ONR.UN-T)
July 14, 2011
New management has done a great job re-organizing and growing this REIT. Most analysts are fairly positive on the story.
BUY
BUY
July 6, 2011
Real estate is a great space to be in. In his relative strength ranking, it is reasonably defensive. Chart shows a great upward trend and is now forming a base. Pretty safe to pick this up now.
Show full opinionHide full opinion
OneREIT (ONR.UN-T)
July 6, 2011
Real estate is a great space to be in. In his relative strength ranking, it is reasonably defensive. Chart shows a great upward trend and is now forming a base. Pretty safe to pick this up now.
PAST TOP PICK
PAST TOP PICK
June 21, 2011
(A Top Pick Jan 18/11. Up 11.78%.) Juicy yield of about 7.5%. Have a number of properties where there is an opportunity to redevelop and expand into higher-quality properties.
Show full opinionHide full opinion
OneREIT (ONR.UN-T)
June 21, 2011
(A Top Pick Jan 18/11. Up 11.78%.) Juicy yield of about 7.5%. Have a number of properties where there is an opportunity to redevelop and expand into higher-quality properties.
BUY
BUY
June 8, 2011
Quality of assets is not great but quality of management is superb. Not a lot of confidence in the distribution. Be patient. Distributions are essentially return of capital.
Show full opinionHide full opinion
OneREIT (ONR.UN-T)
June 8, 2011
Quality of assets is not great but quality of management is superb. Not a lot of confidence in the distribution. Be patient. Distributions are essentially return of capital.
BUY
BUY
May 30, 2011
Very closely related to the management of Calloway (CWT.UN-T). For the right person, it’s a good source of income and he thinks it’s going to stand. (?) Have diversified their product a bit.
Show full opinionHide full opinion
OneREIT (ONR.UN-T)
May 30, 2011
Very closely related to the management of Calloway (CWT.UN-T). For the right person, it’s a good source of income and he thinks it’s going to stand. (?) Have diversified their product a bit.
PAST TOP PICK
PAST TOP PICK
May 3, 2011
(A Top Pick March 14/11. Up 6.44%.) Commercial leasing company. Owns malls with a lot of Zellers stores. This is a way of playing Target moving to Canada.
Show full opinionHide full opinion
OneREIT (ONR.UN-T)
May 3, 2011
(A Top Pick March 14/11. Up 6.44%.) Commercial leasing company. Owns malls with a lot of Zellers stores. This is a way of playing Target moving to Canada.
BUY
BUY
March 22, 2011
This is one that has improved a huge amount in the last couple of years. Used to be a disaster. Some shareholders took control and put executives in, so there are quality real estate people involved. Well-managed, sold some properties. They have some Zellers stores, which is a good thing because of Target. You would want to add to it. Almost 8%
Show full opinionHide full opinion
OneREIT (ONR.UN-T)
March 22, 2011
This is one that has improved a huge amount in the last couple of years. Used to be a disaster. Some shareholders took control and put executives in, so there are quality real estate people involved. Well-managed, sold some properties. They have some Zellers stores, which is a good thing because of Target. You would want to add to it. Almost 8%
TOP PICK
TOP PICK
March 14, 2011
Have a preponderance of Zellers stores. His feeling is that it is the way to play Target coming to Canada. Real Estate investment trusts are the way to go because Canadian Real Estate is stlll under valued compared to to others.
Show full opinionHide full opinion
OneREIT (ONR.UN-T)
March 14, 2011
Have a preponderance of Zellers stores. His feeling is that it is the way to play Target coming to Canada. Real Estate investment trusts are the way to go because Canadian Real Estate is stlll under valued compared to to others.
BUY
BUY
March 10, 2011
This was in terrible shape. They sold some properties and added some properties. Very good management. It’s a good source of yield. Slightly risky. Bit too high of a payout ratio but thinks are improving.
Show full opinionHide full opinion
OneREIT (ONR.UN-T)
March 10, 2011
This was in terrible shape. They sold some properties and added some properties. Very good management. It’s a good source of yield. Slightly risky. Bit too high of a payout ratio but thinks are improving.
BUY
BUY
February 4, 2011
Have been taken over by a group out of Calloway REIT (CWT.UN-T). Have sold some properties. Lots of warts but very credible management. Very high yield.
Show full opinionHide full opinion
OneREIT (ONR.UN-T)
February 4, 2011
Have been taken over by a group out of Calloway REIT (CWT.UN-T). Have sold some properties. Lots of warts but very credible management. Very high yield.
TOP PICK
TOP PICK
January 18, 2011
(Top Pick Nov 5/10, Up 4.92%) Only have 5 Zellers, but are the largest beneficiary of the Target conversion. Zellers is the highest percentage of rent of any company. At least 4 of the stores will convert to Target. New CEO from Smart Centers. Have re-development opportunities. A good yield (>8%)
Show full opinionHide full opinion
OneREIT (ONR.UN-T)
January 18, 2011
(Top Pick Nov 5/10, Up 4.92%) Only have 5 Zellers, but are the largest beneficiary of the Target conversion. Zellers is the highest percentage of rent of any company. At least 4 of the stores will convert to Target. New CEO from Smart Centers. Have re-development opportunities. A good yield (>8%)
COMMENT
COMMENT
January 7, 2011
You should count on the multiple being flat and about 14-15 times. Significantly over distributing but doesn’t see it being cut any time soon.
Show full opinionHide full opinion
OneREIT (ONR.UN-T)
January 7, 2011
You should count on the multiple being flat and about 14-15 times. Significantly over distributing but doesn’t see it being cut any time soon.
WATCH
WATCH
December 2, 2010
Some properties are in very old malls that need a lot of work and CapX. Speculation that a larger REIT would take it over. He’ll Watch to see if management can revitalize some of the older properties, get new tenants and increase the cash flow.
Show full opinionHide full opinion
OneREIT (ONR.UN-T)
December 2, 2010
Some properties are in very old malls that need a lot of work and CapX. Speculation that a larger REIT would take it over. He’ll Watch to see if management can revitalize some of the older properties, get new tenants and increase the cash flow.
DON'T BUY
DON'T BUY
November 17, 2010
Management recently turned over. Not particularly strong assets. Over distributing materially. Their leverage is a little high for his liking. 8.6%.
Show full opinionHide full opinion
OneREIT (ONR.UN-T)
November 17, 2010
Management recently turned over. Not particularly strong assets. Over distributing materially. Their leverage is a little high for his liking. 8.6%.
TOP PICK
TOP PICK
November 5, 2010
Value-add component to it. High yield so you get paid while you wait. Have a couple of properties with re-development potential that potentially support the valuation of the share price today.
Show full opinionHide full opinion
OneREIT (ONR.UN-T)
November 5, 2010
Value-add component to it. High yield so you get paid while you wait. Have a couple of properties with re-development potential that potentially support the valuation of the share price today.
WEAK BUY
WEAK BUY
October 7, 2010
High payout ratio. A lot of questions so don't put a lot of money in it. Caveat emptor.
Show full opinionHide full opinion
OneREIT (ONR.UN-T)
October 7, 2010
High payout ratio. A lot of questions so don't put a lot of money in it. Caveat emptor.
DON'T BUY
DON'T BUY
January 19, 2010
CEO of Smart Centers (24% stake in Calloway REIT) sold assets to RMM and took back a stake. Thought was he would transform RMM. But it does not have same quality of assets, diversity or mass as Calloway. He is skeptical. He bought the convert.
Show full opinionHide full opinion
OneREIT (ONR.UN-T)
January 19, 2010
CEO of Smart Centers (24% stake in Calloway REIT) sold assets to RMM and took back a stake. Thought was he would transform RMM. But it does not have same quality of assets, diversity or mass as Calloway. He is skeptical. He bought the convert.
HOLD
HOLD
July 13, 2009
(Market Call Minute.) Interesting things happening.
Show full opinionHide full opinion
OneREIT (ONR.UN-T)
July 13, 2009
(Market Call Minute.) Interesting things happening.
COMMENT
COMMENT
June 9, 2009
Winner of the year on performance being up 94% year-to-date. Shopping centres across the country. Payout ratio is quite sustainable at 180%. Has struggled for a long time. Some very knowledgeable people got involved. Good management. Tough situation.
Show full opinionHide full opinion
OneREIT (ONR.UN-T)
June 9, 2009
Winner of the year on performance being up 94% year-to-date. Shopping centres across the country. Payout ratio is quite sustainable at 180%. Has struggled for a long time. Some very knowledgeable people got involved. Good management. Tough situation.
SELL
SELL
March 17, 2009
(Market Call Minute.) Poor quality assets. Weaker markets.
Show full opinionHide full opinion
OneREIT (ONR.UN-T)
March 17, 2009
(Market Call Minute.) Poor quality assets. Weaker markets.
DON'T BUY
DON'T BUY
June 12, 2008
Recent transaction where Smart Centres sold them a number of assets at about a 9% cash flow yield. Improves the quality of their portfolio and provides an avenue of growth for them. Real Estate in this REIT is definitely not of the best quality. A lot of management turnover.
Show full opinionHide full opinion
OneREIT (ONR.UN-T)
June 12, 2008
Recent transaction where Smart Centres sold them a number of assets at about a 9% cash flow yield. Improves the quality of their portfolio and provides an avenue of growth for them. Real Estate in this REIT is definitely not of the best quality. A lot of management turnover.
PAST TOP PICK
PAST TOP PICK
January 21, 2008
(A Top Pick Mar 2/07. Down “total return” 22.2%.) Had gone through the last year without following through on promises they made to investors, including a stock buyback program and better cash flow numbers. Trades at a significant discount to its net asset value. A “deep value” play at this point.
Show full opinionHide full opinion
OneREIT (ONR.UN-T)
January 21, 2008
(A Top Pick Mar 2/07. Down “total return” 22.2%.) Had gone through the last year without following through on promises they made to investors, including a stock buyback program and better cash flow numbers. Trades at a significant discount to its net asset value. A “deep value” play at this point.
SELL
SELL
January 14, 2008
(Market Call Minute.) A broken REIT that is dying a slow and painful death.
Show full opinionHide full opinion
OneREIT (ONR.UN-T)
January 14, 2008
(Market Call Minute.) A broken REIT that is dying a slow and painful death.
Showing 31 to 60 of 75 entries