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Simon Property Group, Inc. (SPG)

NYSE - NYSE Delayed Price. Currency in USD
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158.81-0.77 (-0.48%)
At close: 4:02PM EDT
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  • n
    npd.steele
    npd.steele
    SPG should be worth $75 dollars at the high end. 15 times $5 eps. It is trading at 13 times book value if you want to look at it another way. That means 159 ÷ 13 is 12.23 BV per share. The average Reit in the U.S. is trading at 2 times book. If Spg traded at that multiple it would be trading at 24.50 per share. The long and the short is buyer beware this stock is very overvalued. Retailers do not want to pay 50 per square foot anymore when Amazon is paying 10 per foot for industrial space. Reits that cater to retail are doomed with their high debt levels.
  • J
    John Abraham
    John Abraham
    Can SPG hit 170? I got some today.
  • B
    Barnacle Barney
    Barnacle Barney
    Bed Bath & Debt plunges 15%. My team tells me that over priced soap and towels just don't sell like they used to, at the malls.
  • B
    Barnacle Barney
    Barnacle Barney
    Toys R Toast won't be saved by Santa Grinch this year either. Try squeezing rents payments from a chapter 11 deadbeat.
  • f
    fragateep
    fragateep
    I have no idea what this Barney guy is saying. All I know is I'm making money on Simon Stock especially adding up all the dividends I collected for the past year. 14 hours ago Barney makes a statement of borrowing billions, to build malls in spite of less foot traffic and it won't end well. Today the stock went up $3.25 dollars to 163.75. I guess SPG stock should be going down instead of up with all the negative statements that Barney is making.
  • B
    Barnacle Barney
    Barnacle Barney
    Simple Simon keeps borrowing billions to build out more square footage for malls with less and less foot traffic. It won't end well.
  • B
    Barnacle Barney
    Barnacle Barney
    Nordstrom going private is another sign of retail fatigue and malaise. I wouldn't be surprised to see JCP, ANF, AEO, and URBN either go private, or go bankrupt, within 36 months. Santa won't save you retail patsies.
  • B
    Barnacle Barney
    Barnacle Barney
    Mall Malaise, it's a new flavor of tea by Starbucks ?
  • B
    Barnacle Barney
    Barnacle Barney
    Nice $3 plunge for the Simons. Just wait till the FED raises rates a few more notches, around your mall throats ?
  • B
    Barnacle Barney
    Barnacle Barney
    J.Crew Group is peering into the DEBT abyss. That's 520 stores that would end up being caverns.
  • B
    Barnacle Barney
    Barnacle Barney
    Toys R Us is close to bankruptcy. Maybe the Simons can put on their Santa Claus Grinch outfits and cut the rent tab ? LOL
  • B
    Barnacle Barney
    Barnacle Barney
    Dave & Busters (PLAY) is projected lower results, and of course the stock has been going down since June. Summers at the malls just aren't what they used to be. (smirk)
  • f
    fragateep
    fragateep
    It's one thing to have an opinion on a stock but another to give false and misleading statements like Barney says and I quote
    "Simons intend to force Starbucks to keep losing money on their teashops until 2027" According to Forbes (and of course Barney knows more than Forbes) the article says Starbucks is NOT losing money on their teashops since they have grown more than 40% after being acquired by Startucks in Dec of 2012. Barney making the statement about koohas bars and calling Simon wise guys in unacceptable so I will report this to the Yahoo board and make a call to Simon investor relations.
  • B
    Barnacle Barney
    Barnacle Barney
    Simon suing Starbucks! Simon is so worried about their empty caverns that they intend to force Starbucks to keep losing money on their tea shops until 2027. Maybe Starbucks should convert the tea shops into hookah bars to spite the wise guy Simons!
  • B
    Barnacle Barney
    Barnacle Barney
    It's not easy to build up over $23 BILLION in DEBT. But the Simons and FEMA flood program have done just that.
  • B
    Barnacle Barney
    Barnacle Barney
    Best Buy, Urban Outfitters, and Under Armour all deeply in the red this morning. Hey maybe Santa Claus will save the mall traffic this year ?! Oh wait, that gets worse every year!
  • B
    Barnacle Barney
    Barnacle Barney
    4.7% dividend yield is a skull and cross bones sign of impending trouble. The market knows malls are in secular decline. The Simons of Indianapolis have yet to grasp reality, but they do grasp excessively large pay checks every month.
  • B
    Barnacle Barney
    Barnacle Barney
    My team owns Amazon and has for some time. Maybe Piggly Wiggly will save the Simons ? Oh wait, AMZN just became a high quality grocer. Too bad for the Simons. Walton boy just dumped some of his Wal-Mart holding. What does that tell you retail mall dolts ?
  • f
    fragateep
    fragateep
    raked in another profit plus dividends while Barney keep whining about Simons grasping reality. Instead of trying to make money on SPG stock all Barney does is useless talk.
  • B
    Barnacle Barney
    Barnacle Barney
    SEARS and Kmart closing even more stores #$%$ plunge. It's reverse psychology, consumers will flock to the remaining SEARS stores, before it's too late to shop at a fallen retail relic ?!