Advertising

TSE:BTB.UN

3.93
0.04 (1.01%) 1d
0
Showing 1 to 15 of 80 entries
DON'T BUY
Got out because risk/return was not in his favour. His concern was over-distribution, quality of assets, liquidity issues because it's smaller. Still struggling to grow. Doesn't fit his themes right now. Yield is 7.1%.
income trust
DON'T BUY
It is a diversified REIT focused in the Quebec secondary markets. It is retail and office. He is concerned about the distribution.
income trust
COMMENT

Dividend safe? He owned BTB.UN a few years ago as they held light industrial and commercial real estate around Montreal. The issue going back 3-4 years ago was they had issues meeting financial metrics, which he feels was due to them over distributing earnings. He would prefer to hold WPT and GRT.UN.

income trust
DON'T BUY
Over time it will be challenging to grow their net operating income. Their high distribution yield is probably pretty tight in terms of coverage.
income trust
DON'T BUY
Owned this for 6 years, but couldn't understand why the 8.2% yield was so high. If there's a bump (a bad earnings report), he worries what would protect this. He means 120% in over-distributing. Great properties in eastern Ontario and Quebec, but it's hard for them to grow.
income trust
SELL
He recently got out about three months ago. They bought is in 2012 at much lower levels. Their assets are focused in Eastern Ontario and Quebec. He feels they are over distributing -- over 100% payout. That is okay for while, but it is not sustainable. Industry wide payouts are down to 80%. Their properties are getting better with some recent selling of non-core assets. They yield may be vulnerable. He would be a seller.
income trust
SELL

REIT that specializes in eastern Ontario and Quebec. He initiated the position in 2010. When you do the math he made 13.5% annualized. Problem is they are over distributing. They got to a point f exhaustion. It is a great exit point.

income trust
DON'T BUY
He used to own this. It had B- level properties instead of A-. You can hold this, but other REITs perform better. A sleepy company with OK assets but will move sideways. Collect the dividend only.
income trust
COMMENT

Chart hasn’t moved. Stock is mistreated because not institutionally owned. Management is good, and are upgrading their portfolio. Debt’s in a good position. He doesn’t expect anything more than the yield. Consistent business. Retail/office in Quebec and Ontario, but he can look through this because it’s so cheap.

income trust
PAST TOP PICK

(A Top Pick June 1/17, Up 13%) He's held this for 7 years. It owns properties in Quebec and their properties cross retail, light industrial and commercial. Good management, but has an issue getting its story out. They're repositioning by selling poorly performing properties. It's still small cap which he seldom buys, but performs consistently with little volatility. A long-time hold.

income trust
BUY

He likes this company although it has retraced in price somewhat. If you are not worried about Quebec separating, the 9.5% yield is great. It has about 75 properties. As a more senior REIT, they are able to acquire debt at much lower rates. The dividend is not at risk. He would buy it on this dip. Yield 9.5%.

income trust
TOP PICK

A small, mid-cap REIT that he has owned for quite a long time. It has given him an 8%-9% distribution. This has not moved for 3-4 years. They basically buy assets in Eastern Ontario and Québec. Have had vacancy issues and are repositioning their portfolio by selling down a lot of retail properties and focusing on industrials. Dividend yield of 9.1%. (Analysts’ price target is $4.65.)

income trust
COMMENT

An investment in this is an investment in Québec, so you have to be favourable to the Québec marketplace, which he is. One of the struggles he has with this is that when you are a small REIT, you can have high debts or a high yield ratio. In this case, it has both. However, they know the real estate market very well. If you think the Québec economy is going to continue to improve, this is a good way to do it. Dividend yield of 8.6%.

income trust
COMMENT

(Market Call Minute.) A small cap in Quebec. Highly levered, high payout. It all comes under your view on the Quebec economy. He is on the sidelines.

income trust
HOLD

(Market Call Minute.) Québec focused. High payout and high debt.

income trust
Showing 1 to 15 of 80 entries

BTB Real Estate Investment Trust(BTB.UN-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 1

Stockchase rating for BTB Real Estate Investment Trust is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

BTB Real Estate Investment Trust(BTB.UN-T) Frequently Asked Questions

What is BTB Real Estate Investment Trust stock symbol?

BTB Real Estate Investment Trust is a Canadian stock, trading under the symbol BTB.UN-T on the Toronto Stock Exchange (BTB.UN-CT). It is usually referred to as TSX:BTB.UN or BTB.UN-T

Is BTB Real Estate Investment Trust a buy or a sell?

In the last year, 1 stock analyst published opinions about BTB.UN-T. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for BTB Real Estate Investment Trust.

Is BTB Real Estate Investment Trust a good investment or a top pick?

BTB Real Estate Investment Trust was recommended as a Top Pick by on . Read the latest stock experts ratings for BTB Real Estate Investment Trust.

Why is BTB Real Estate Investment Trust stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is BTB Real Estate Investment Trust worth watching?

1 stock analyst on Stockchase covered BTB Real Estate Investment Trust In the last year. It is a trending stock that is worth watching.

What is BTB Real Estate Investment Trust stock price?

On 2021-12-01, BTB Real Estate Investment Trust (BTB.UN-T) stock closed at a price of $3.93.