Don't you just love the doubletalk analysis done by Zack's. Saying what benefits the spinoff is going to be for shareholders on one hand, and that they have a Strong Sell on the other hand. What SCREWBALLS!!
Many of us are feeling the same frustrations you are. But now that management has provided the timeframe for a Board approval it's my belief that the SP will gradually move up to near NAV in anticipation. During the CC they stated that they expect improvement in NOI which will also assist in the SP movement. So from a capital gain perspective the prospects for $20 per share is within the realm of possibility. Waiting to hear NMB's take. JMHO
Did I read this right. Management is going to present it's restructuring proposal to the Board during the 4th Qtr. So we should know something before September 30th?
I think the same article said there were 27 times more Put Contracts than Call Contracts on ACAS. That's a real positive I believe
ARR has proven to be the worst of the worst of the reits. It's track record speaks for itself, and it's current yield reflects as such. BV is not going to make one iota if ARR Mgmt. cuts the dividend again. NOI has not covered the current monthly dividend, so I would expect a dividend cut sometime in the coming months. Then you'll see a significant dive in the SP to new lows. BTW the differential between BV and SP is an indication of just how lowly the Market thinks of ARR and the risk for futher declines.
A lot of people buy stocks for income. But how many are willing to risk their principle on a stock that is one of the worst performers in it's peer group. That has seen it's dividend drop 50% in the past 2 years and it's principle drop as much during the same period. Is there a likelihood chance that the dividend would be reduced in future months. You bet there is if this reit doesn't start turning around. And what happens when the dividend is reduced? The SP drops in tandum. But I guess you don't mind rolling the dice.