DREAM Unlimited Corp

DRM-T

Analysis and Opinions about DRM-T

Signal
Opinion
Expert
TOP PICK
TOP PICK
February 18, 2020

Blackstone took over Dream Global, and DRM got a large cheque out of it in their holdings and asset management contract. They've since done a large issuer bid that that the biggest shareholder, the CEO, tendered into below NAV. So, the NAV has grown. DRM will benefit from lower interest rates. (Analysts’ price target is $14.00)

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Blackstone took over Dream Global, and DRM got a large cheque out of it in their holdings and asset management contract. They've since done a large issuer bid that that the biggest shareholder, the CEO, tendered into below NAV. So, the NAV has grown. DRM will benefit from lower interest rates. (Analysts’ price target is $14.00)

BUY
BUY
December 2, 2019
Dream Global REIT Dream Global REIT was sold in September to Blackstone. A fee was paid to Dream Unlimited in this sale, so the stock spiked. This cash gives DRM the chance to buyback more stock. You can still make money here, though it's moved up.
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Dream Global REIT Dream Global REIT was sold in September to Blackstone. A fee was paid to Dream Unlimited in this sale, so the stock spiked. This cash gives DRM the chance to buyback more stock. You can still make money here, though it's moved up.
WATCH
WATCH
January 28, 2016

Dream is more real estate focused. They are challenged. It is a matter of timing. If people start to think things are stabilizing in Western Canada, then this one will thrive.

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Dream is more real estate focused. They are challenged. It is a matter of timing. If people start to think things are stabilizing in Western Canada, then this one will thrive.

WATCH
WATCH
November 9, 2015

He likes it over the long term. They are one of the largest land owners and developers in Saskatchewan. They are also active in Alberta. It is very discounted in the market today. They acknowledged that conditions going forward will be tough. He watches it closely. There is no particular catalyst in the near term.

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He likes it over the long term. They are one of the largest land owners and developers in Saskatchewan. They are also active in Alberta. It is very discounted in the market today. They acknowledged that conditions going forward will be tough. He watches it closely. There is no particular catalyst in the near term.

BUY
BUY
February 17, 2015

Land development company that also has a homebuilding business and builds condominiums. Their claim to fame has been, many years ago, going into provinces like Saskatchewan, Alberta and Manitoba, getting a very low land cost base and gradually developing it over time. Thinks the stock has been far too beat up and near term prospects are very good. Has come off because of worries about real estate in Western Canada. Represents really good value here. He has been buying over the last 3-4 weeks.

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Land development company that also has a homebuilding business and builds condominiums. Their claim to fame has been, many years ago, going into provinces like Saskatchewan, Alberta and Manitoba, getting a very low land cost base and gradually developing it over time. Thinks the stock has been far too beat up and near term prospects are very good. Has come off because of worries about real estate in Western Canada. Represents really good value here. He has been buying over the last 3-4 weeks.

COMMENT
COMMENT
November 13, 2014

Should one buy Dream, which pays no dividend and has dropped significantly in value or just buy its managed REITs and be happy with the 8% distribution? Really depends on your needs. If you need the
income or happy with the capital gains. This is the asset manager that manages the REITs. It also has a large land and development business in Calgary. Stock has dropped off significantly. Has been an under performer because home sales in Western Canada, especially in Saskatchewan and Calgary, have been disappointing so far. If you are talking long-term, this is the land in Western Canada for housing and he is sure you are going to be very fine. He could see some potential in this. It is below NAV and could stay that way for some time.

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Should one buy Dream, which pays no dividend and has dropped significantly in value or just buy its managed REITs and be happy with the 8% distribution? Really depends on your needs. If you need the
income or happy with the capital gains. This is the asset manager that manages the REITs. It also has a large land and development business in Calgary. Stock has dropped off significantly. Has been an under performer because home sales in Western Canada, especially in Saskatchewan and Calgary, have been disappointing so far. If you are talking long-term, this is the land in Western Canada for housing and he is sure you are going to be very fine. He could see some potential in this. It is below NAV and could stay that way for some time.

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DREAM Unlimited Corp(DRM-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for DREAM Unlimited Corp 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.

DREAM Unlimited Corp(DRM-T) Frequently Asked Questions

What is DREAM Unlimited Corp stock symbol?

DREAM Unlimited Corp is a Canadian stock, trading under the symbol DRM-T on the Toronto Stock Exchange (DRM-CT). It is usually referred to as TSX:DRM or DRM-T

Is DREAM Unlimited Corp a buy or a sell?

In the last year, 1 stock analyst published opinions about DRM-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is TOP PICK. Read the latest stock experts' ratings for DREAM Unlimited Corp.

Is DREAM Unlimited Corp a good investment or a top pick?

DREAM Unlimited Corp was recommended as a Top Pick by Gerard Ferguson on 2020-02-18. Read the latest stock experts ratings for DREAM Unlimited Corp.

Why is DREAM Unlimited Corp 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 DREAM Unlimited Corp worth watching?

1 stock analyst on Stockchase covered DREAM Unlimited Corp In the last year. It is a trending stock that is worth watching.

What is DREAM Unlimited Corp stock price?

On 2020-09-30, DREAM Unlimited Corp (DRM-T) stock closed at a price of $19.45.