Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
May 6, 2016

Earnings recently came out and the FFO was up 24%. They have a lot of levers to pull in an organization this big, so it is something he likes a lot. If you think the Cdn$ has gotten strong enough and that the US$ may outperform, this is basically a US REIT, but on the TSX exchange. The majority of their earnings are in US$’s.

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Earnings recently came out and the FFO was up 24%. They have a lot of levers to pull in an organization this big, so it is something he likes a lot. If you think the Cdn$ has gotten strong enough and that the US$ may outperform, this is basically a US REIT, but on the TSX exchange. The majority of their earnings are in US$’s.

WAIT
WAIT
May 6, 2016

Has been in a long-term decline due to its heavy exposure in the Alberta office market. Announced they were restructuring, slashed their dividend and were selling two thirds of the company. Just announced earnings which were in line with his expectations. When a company is going through a strategic restructuring, he tends to sit on the sidelines.

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Has been in a long-term decline due to its heavy exposure in the Alberta office market. Announced they were restructuring, slashed their dividend and were selling two thirds of the company. Just announced earnings which were in line with his expectations. When a company is going through a strategic restructuring, he tends to sit on the sidelines.

DON'T BUY
DON'T BUY
May 6, 2016

Mortgage REITs. These tend to attract a lot of investors. The yield is very high, between 12% and 15%. They use debt to lend it as mortgages. The stock has been in decline. Why get a high yield vehicle when you are going to lose it all on capital? It is better to focus on high quality real estate.

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Mortgage REITs. These tend to attract a lot of investors. The yield is very high, between 12% and 15%. They use debt to lend it as mortgages. The stock has been in decline. Why get a high yield vehicle when you are going to lose it all on capital? It is better to focus on high quality real estate.

BUY WEAKNESS
BUY WEAKNESS
May 6, 2016

Great company. Stock has done very, very well. They own Canadian Tire properties across Canada. Have shown above average growth. This has been one of the top performers in Canada. Has been trimming his holdings as it has become too expensive. He would buy this on a pullback.

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Great company. Stock has done very, very well. They own Canadian Tire properties across Canada. Have shown above average growth. This has been one of the top performers in Canada. Has been trimming his holdings as it has become too expensive. He would buy this on a pullback.

WAIT
WAIT
May 6, 2016

When you buy this, you are getting the core Medical Office Buildings in Canada, which leases to doctors and clinics. You are also getting some assets in Germany, New Zealand and Brazil. (Hospital type assets.) Have recently gone through a merger and restructuring. He’d like to give it a couple of quarters of hard data to see how they do.

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When you buy this, you are getting the core Medical Office Buildings in Canada, which leases to doctors and clinics. You are also getting some assets in Germany, New Zealand and Brazil. (Hospital type assets.) Have recently gone through a merger and restructuring. He’d like to give it a couple of quarters of hard data to see how they do.

HOLD
HOLD
May 6, 2016

Just released their numbers last night and hit the ball out of the park. Thinks it is fully valued at this level. Earnings and occupancy have been very strong. Very good operators.

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Just released their numbers last night and hit the ball out of the park. Thinks it is fully valued at this level. Earnings and occupancy have been very strong. Very good operators.

COMMENT
COMMENT
May 6, 2016

This has a large amount of real estate in Fort McMurray and doesn’t know how the fire will affect them. Also, the oil markets they are in are experiencing very high vacancies. They did a merger and now also have an Ontario portfolio. If you have a long-term horizon, and because of the volatility, you will probably do very well. Dividend yield of over 8%.

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This has a large amount of real estate in Fort McMurray and doesn’t know how the fire will affect them. Also, the oil markets they are in are experiencing very high vacancies. They did a merger and now also have an Ontario portfolio. If you have a long-term horizon, and because of the volatility, you will probably do very well. Dividend yield of over 8%.