Advertisement
Advertisement
U.S. Markets open in 2 hrs 6 mins
Advertisement
Advertisement
Advertisement
Advertisement

Allied Properties Real Estate Investment Trust (APYRF)

Other OTC - Other OTC Delayed Price. Currency in USD
Add to watchlist
19.620.00 (0.00%)
At close: 12:16PM EDT
Advertisement

Yahoo Finance will soon be upgrading our Conversations message board platform to provide a better experience for our users. Only comments published since April 21, 2021 will be visible on Yahoo Finance after the upgrade. If you wish to download and save any of your older comments, please submit a request via the Privacy Dashboard by no later than Sept. 30.

Sign in to post a message.
  • M
    Mark
    The land alone. I hope they start share buy backs…cheapest way to ‘grow’ right now.
  • T
    Thelostclock
    If this thing goes too low enough to give 6 to 7% dividend, I will take a half million loan at interest rate 5.5% 2 year fixed and buy Hr, artis, choice, allied, rio can, dream office. Should the interest rate rises the difference I can make up with my income easily. This is easy money imhb. But I will wait just a little bit more
  • K
    Kenneth
    my order triggered @ $29.15 with 50 shares
    Bullish
  • R
    RetiredCEO
    Started a new position in AP today. Looking forward to The Well being occupied and material growth in FFO. Market is often wrong and I'm happy to take advantage of this mispricing.
    Bullish
  • K
    Kenneth
    come on $29.15 and im buying 50
  • K
    Kenneth
    5.5% yield... I'm tempted but it's a office reit... I'm scared we might have an INO.UN situation :/
    opinions?
    good opportunity to buy in? or leave it for a while longer? cause it just keeps going down
  • L
    Louis
    Most if not all of their properties in Vancouver are in prime locations. Can people comment on their properties in Toronto and Montreal?
  • R
    Robert
    Wow this is really getting dumped.

    Trading at roughly 70-75% of NAV right now.

    With the recent acquisitions from Choice properties this REIT has further diversified into the higher education and research domains, and is a very smart addition to its current portfolio.

    I hope to see some similar moves from Allied going forward.

    That being said, Allied basically paid for the additional properties by diluting current shareholders via issuing subsidiary units to CHOICE Properties, albeit at a price of $50.30. Combined with an increase in interest rates potentially dampening Allied’s ability to expand its portfolio, and concerns about real estate prices in Canada, I can understand why this REIT has been oversold.

    That being said, this REIT is essentially one of a kind in Canada, and owns some of the best office real estate in the country.

    The pain of the last couple of years has been disappointing, but savvy investors in this sector understand that now is the right time to start building a long term position in this REIT.
  • K
    Kenneth
    Honestly... I really like this REIT and plan to make it a HUGE part of my potfolio.

    average annual total return of 14.9%,
    Payout Ratio: 79.6%,
    91.1% occupied rate,
    CAGR 26.8%,
    51% Pre-Leases for new property (2021 - 2024),
    EBITDA ratio: 8.1x,
    Debt ratio: 31%,
    Interest coverage ratio: 3.3x,
    87/100 on 2020 evaluation from the S&P/TSX Composite Index.

    REIT Portfolio:
    71.7% Office, 16.8% Urban Data Centres, 8.4% Retail, 3.1% Parking.

    Although being heavy in offices might concern some investors, their top 10 users of their data centers are all IT/Online shopping/Video Games/Government related (Ubisoft, Shopify, Google Canada, Canadian Government), this means, and has shown, that the data centers and offices have great tenants and are likely to stay full for the foreseeable future.
    The company has raised dividends for 8 Consecutive years! (2 more years and its a Canadian Aristocrat!)

    Really excited for this!
  • M
    Matlab
    It' going back to precovid level by the end of the year hold on people ! They grew last year and they were already at a fair price, so it's at a huge discount right now.
    Bullish
  • t
    trevorthegreat
    The last time the stock was this cheap was briefly back in Feb 2016. Before that, 2013...
    Bullish
  • t
    trevorthegreat
    This is my fav reit and it is extremely undervalued. Look at the chart from a long term perspective to see what kind of a deal this is. As for an entry point, any price below $37 is excellent value.
    Bullish
  • S
    Sukhdeep
    Omg how did I miss the share repurchase and insider buying news releases
  • K
    Kim
    Hello, have got dividends yet. I bought this April 9th not sure if I'm getting dividends this month. Please advise as I'm new here. Thanks
  • G
    GreenMarty
    So oversold! No news either.
  • m
    mgh20091
    At this point if it continu to fall like that its gonna worth the price of the land only, market over react
  • K
    Kenneth
    Saw this when it was around $48... down more then $10 since then ouch...
    This isn't going anywhere but the yield is still a little too low for me. Especially when we have FCD.UN (Firm Capital Property Trust) which has a 7%+ yield, FN.TO which has a 6.8% yield, and so on.
    Fingers crossed we see at least a 5% yield (then I'll buy the living hell out of this thing)
  • J
    JWM
    I have looked at their F/S reports and noticed that they have significantly increase the acquisition of depressed value properties. Does anyone know the quality of these assets as well as how these will be in 1-2 years?
  • L
    Lovepreet
    any comment about this reit
  • K
    Kenneth
    Based on Marketbeat "Allied Properties Real Estate Investment pays out 64.48% of its earnings out as a dividend".

    That gives it lots of room to raise the dividend... I'm in... once I get my next paycheque
Advertisement
Advertisement