I really like this play. From what I can tell:
-Pays dividends
-Market loved this company in the 6 months prior to the Covid Crash.
-seems like their assets are only going to increase in value, so banking on this is like banking on real estate prices to go up - which I think is guaranteed.
-Should fall back down to 11.20 on next dip and will be a buy, if not already.
-fair value without covid in a bear case is $13.90 currently.
I believe that once this passes 12, it is only a matter of time until we are seeing a $13 APR.UN, and by time, I mean very little :)
-Pays dividends
-Market loved this company in the 6 months prior to the Covid Crash.
-seems like their assets are only going to increase in value, so banking on this is like banking on real estate prices to go up - which I think is guaranteed.
-Should fall back down to 11.20 on next dip and will be a buy, if not already.
-fair value without covid in a bear case is $13.90 currently.
I believe that once this passes 12, it is only a matter of time until we are seeing a $13 APR.UN, and by time, I mean very little :)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.