The conference call after the last earnings report gave a good outlook for the rest of the year. Also the divident rate was in creased by .25cent/share. When will the stock price reflect this optimistism? Is Riocan stock price down because of REIT problems in the US? Can anyone enlighten?
The negative message is "coming world economy collapse" leading to retail customers deserting the shopping malls so the stores then cannot pay their rent to to the landlords, e.g. Riocan. I personally think that matters are not that bad and in at most 3-4 years mostly everything will have returned to normal. smart_too_late.