Granite REIT

GRT.UN-T

TSE:GRT.UN

0.00
0.00 (0.00%)
Granite Real Estate Investment Trust is a global real estate operating company composed principally of former holdings of Magna International.
More at Wikipedia

Analysis and Opinions about GRT.UN-T

Signal
Opinion
Expert
TOP PICK
TOP PICK
March 1, 2012
(A Top Pick July 13/11. Up 29.26%.) Real estate that owns the property where Magna Plants are. Looking to expand internationally. Balance sheet is really under levered. Feels they want to convert to a REIT and will be able to pay more dividends. They also want to diverse away from Magna (MG-T). Target of $45.
Show full opinionHide full opinion
(A Top Pick July 13/11. Up 29.26%.) Real estate that owns the property where Magna Plants are. Looking to expand internationally. Balance sheet is really under levered. Feels they want to convert to a REIT and will be able to pay more dividends. They also want to diverse away from Magna (MG-T). Target of $45.
BUY
BUY
February 16, 2012
Sees considerable up side. There is single tenant risk in Magna. 5.7% yield should be able to grow.
Show full opinionHide full opinion
Granite REIT (GRT.UN-T)
February 16, 2012
Sees considerable up side. There is single tenant risk in Magna. 5.7% yield should be able to grow.
TOP PICK
TOP PICK
December 13, 2011
Manages the plants that Magna (MG-T) uses. Has brilliant new independent management. Quadrupled its dividend and turned itself into a REIT.
Show full opinionHide full opinion
Granite REIT (GRT.UN-T)
December 13, 2011
Manages the plants that Magna (MG-T) uses. Has brilliant new independent management. Quadrupled its dividend and turned itself into a REIT.
TOP PICK
TOP PICK
November 25, 2011
Owns real estate and leases it to Magna (MG-T). Have increased their dividend so that yield is now 6.8%. Will be converting into a REIT. Also wanted to diversify away from Magna by acquiring other properties.
Show full opinionHide full opinion
Granite REIT (GRT.UN-T)
November 25, 2011
Owns real estate and leases it to Magna (MG-T). Have increased their dividend so that yield is now 6.8%. Will be converting into a REIT. Also wanted to diversify away from Magna by acquiring other properties.
BUY
BUY
November 16, 2011
A legacy of Magna (MG-T) and was basically a vehicle to hold all of their warehouses, etc. Now looks like it is well structured. For the moment, too much of it is one tenant.
Show full opinionHide full opinion
Granite REIT (GRT.UN-T)
November 16, 2011
A legacy of Magna (MG-T) and was basically a vehicle to hold all of their warehouses, etc. Now looks like it is well structured. For the moment, too much of it is one tenant.
TOP PICK
TOP PICK
November 14, 2011
Have a bunch of buildings with AAA leases, all to Magna (MG-T). Converting to a REIT in December. Compared to other REITs, it is trading at 2/3 of its value. Will start paying a $2 dividend in December. Under levered. Worth $43.
Show full opinionHide full opinion
Granite REIT (GRT.UN-T)
November 14, 2011
Have a bunch of buildings with AAA leases, all to Magna (MG-T). Converting to a REIT in December. Compared to other REITs, it is trading at 2/3 of its value. Will start paying a $2 dividend in December. Under levered. Worth $43.
TOP PICK
TOP PICK
November 14, 2011
Grossly undervalued. Leverage is 20% compared to the average real estate company of 50%-60%. Converting to a REIT so substantially increasing their dividends. Stock should be $40 plus if they can execute their strategy to become a REIT.
Show full opinionHide full opinion
Granite REIT (GRT.UN-T)
November 14, 2011
Grossly undervalued. Leverage is 20% compared to the average real estate company of 50%-60%. Converting to a REIT so substantially increasing their dividends. Stock should be $40 plus if they can execute their strategy to become a REIT.
TOP PICK
TOP PICK
September 23, 2011
New management wants to make this into a real company. In the process of strategizing. They want to diversify. The next good news will be the announcement of a real dividend and it should re-value the company.
Show full opinionHide full opinion
Granite REIT (GRT.UN-T)
September 23, 2011
New management wants to make this into a real company. In the process of strategizing. They want to diversify. The next good news will be the announcement of a real dividend and it should re-value the company.
TOP PICK
TOP PICK
July 13, 2011
Real estate that owns the property where Magna Plants are. Now that Frank Stronach is totally out of the stock, they have a new board and new management and the balance sheet is way under levered.
Show full opinionHide full opinion
Real estate that owns the property where Magna Plants are. Now that Frank Stronach is totally out of the stock, they have a new board and new management and the balance sheet is way under levered.
DON'T BUY
DON'T BUY
April 11, 2007

This is part of Magna International (MG.A-T) and they do whatever they want. Very low yield. Cheap. The question is, what is going to happen to allow the value to be realized.

Show full opinionHide full opinion
Granite REIT (GRT.UN-T)
April 11, 2007

This is part of Magna International (MG.A-T) and they do whatever they want. Very low yield. Cheap. The question is, what is going to happen to allow the value to be realized.

Showing 76 to 85 of 85 entries