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Choice Properties Real Estate Investment Trust (PPRQF)

Other OTC - Other OTC Delayed Price. Currency in USD
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10.390.00 (0.00%)
At close: 12:10PM EST
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  • M
    Matthew
    is this a buy and hold?
  • M
    Moooo
    WHAT DIFFERENCE FOR 1:1?
  • J
    John
    This stock is the crown jewel of REITs. Loblaws owns 67% of the REIT and is about 80% of the tenants. This stock is a super stable dividend payer. It will not show explosive growth but will just churn out cash. When inflation returns ... and it will ... Choice will grow with inflation plus 3-5%. I expect inflation to edge up slightly in 2021 and within 5 years we will see inflation at 5% to 10% to 15%. The US (or for that matter Canada or the rest of the World) cannot possibly pay off debt from growth. The only way to pay debt is to inflate our way out of it. Essentially ... devalue the debt by devaluing the currencies. This happened before when the US (Johnson) borrowed all the money for the Vietnam War and the Great Society. Mortgage rates went to 18-20% I had a fixed mortgage at 7% and rode out the inflation with 15% annual wage increases. Inflation paid for my house. In inflationary times all hard assets such as real estate, gold, silver, diamonds, art, collectible coins and even antiques and other collectibles rise with inflation+. Choice will ride through inflation with great increases in value.
  • M
    MartyToronto
    This company is weird, they collected 90% of rents, rental income similar to last year and yet have a ~$95M loss this year to due a 'adjustment in fair value of properties' whatever that means. I thought RE prices were increasing...AFFO payout ratio is now 99%. Absurd.
  • S
    Stephen
    No matter what, with over 6.2% yield, great buy.
  • R
    RetiredCEO
    Great quarter results. Good collection rebound, low debt to book even with expected write downs. Choice will need to buy back shares, or invest in further properties to get the payout ratio down. Not a terrible problem to have, but can be done pretty easily with such low debt ratio. Too bad the stock is trading so high versus book value, which is why the yield is low versus other investments out there.
    Neutral
  • M
    MartyToronto
    What's with the rally?
  • P
    Philip
    no one talking about the special distribution?
  • Y
    Yahoo Finance Insights
    CHP-UN.TO reached a 52 Week high at 14.55
  • Y
    Yahoo Finance Insights
    CHP-UN.TO reached a 52 Week high at 14.12
  • B
    Blue Guitar
    This stock looks cheap. Love the yield. Looking forward to seeing Bloor and Dundas development.
  • M
    MartyToronto
    Financials are so bad but someone keeps buying up this stock inflating it's price. Most likely Loblaws themselves.
  • A
    Ali
    Hoping to see a dividend increase sometime soon
  • M
    Mike
    Why down today?
  • M
    Morgan
    Is this a good stock to buy for safety?
  • Y
    Yahoo Finance Insights
    CHP-UN.TO is up 5.04% to 13.14
  • Y
    Yahoo Finance Insights
    CHP-UN.TO is up 5.20% to 11.94
  • Y
    Yahoo Finance Insights
    CHP-UN.TO is up 5.02% to 12.96
  • Y
    Yahoo Finance Insights
    CHP-UN.TO is up 5.60% to 11.32
  • Y
    Yahoo Finance Insights
    CHP-UN.TO is up 5.04% to 13.14