Advertisement
Advertisement
U.S. Markets closed
Advertisement
Advertisement
Advertisement
Advertisement

Tricon Residential Inc. (TCN.TO)

Toronto - Toronto Real Time Price. Currency in CAD
Add to watchlist
16.02+0.20 (+1.26%)
At close: 04:00PM EDT
Advertisement
Sign in to post a message.
  • y
    yowhatsup
    1q numbers great but everyone wants to beat this stock down. Why
    Bullish
  • H
    Hussein k
    Why all this drop
  • Y
    Yahoo Finance Insights
    Tricon Residential is down 4.92% to 13.24
  • T
    Tung
    I lost all my savings on this stock!
  • A
    Adam
    I'll just keep quietly accumulating this one
  • s
    sam
    Low P/E great business..this stock is too cheap!
  • A
    Abisai
    I really need an advice is this is a good company to invest
    Neutral
  • Y
    Yahoo Finance Insights
    Tricon Residential reached an all time low at 12.36
  • D
    DDD
    There is no story in, 'rental company rents houses, no concerns'. if you believe ANYTHING the media has to tell you then Ive got a great investment in swamp land you should hear about...
  • A
    Adam
    This forum got flooded with some emotional people after that 60 minutes special.. if you watch 60 minutes I imagine you're of a certain age bracket, and not the one I expect to hear comments like "Tricon is a slumlord" and talking smack about their CEO. Capreit and Killam are slumlords.. I digress. Everything Mr. Berman said was accurate. Americans and Canadians are moving from the NE to the Sun Belt. Low taxes, bigger properties, better business opportunities, good weather, and (left unsaid) governments that aren't hyper-woke. That's why I applaud Blackstone for their management and brought my profits from APTS over here.

    Let's have meaningful discussion about Tricon's exceptional portfolio, acquisitions, margins, revenue growth, cash flow, opex, etc. If you don't like Single Family Rental REITs (for now corporations only own 2%) then just take your money somewhere else. If you're not investing to make money, give it to some charities. I know housing ownership will be unaffordable for the masses for years.. private investors and property managers have been wisely scooping up properties in hot or gentrifying markets. Same as it ever was.

    Given construction costs, inflation, wealth inequality, and where interest rates are headed, I'll keep buying this. I agree 100% that governments need to take some responsibility, change bylaws, build affordable single family housing and smart developments, but instead of making these investments, they've ignored the housing crisis, allowed foreign, criminal and big private money to buy up single family homes carte blanche. The Liberals let this happen. They are more than happy to have a society of indentured renters (World Economic Forum dreams come true) but they will miss out on revenues from capital gains taxes. If Canada had a government that was serious about addressing the housing crisis, I would probably dump this, but given the new left alliance, we won't have one for at least another 3 years.. and Tricon will continue to move higher and smash ERs.
  • T
    Tung
    Concerns:

    1. Looks like a lot of vacant stock on its website?
    2. Why mostly single family homes? Why not buy or build rental apartment complexes around urban areas?
    3. Why is dividend so low?
    Neutral
  • A
    Ajay
    Blowout earnings will crush the shorters It will be 25 $ easily in one month
  • A
    Ajay
    This is a big cash machine
    Don’t sell any stocks
  • J
    James
    This is up 65% in the past year.
    Sounded like a winner on 60 minutes last evening and caught the attention of a few analyst as a buy now company.
    Good luck to all my fellow investors and please stay safe.
  • P
    Pat
    Getting great exposure on 60 minutes tonight!
    Bullish
  • D
    Dan
    Yea, I’m hoping this company fails
  • j
    justtrying
    Not a real estate expert, but lately been seeing a lot of news and real estate up coming predictions for 2022-23, seems to be a arquement for a housing crash , as well as higher interest rates

    obviously lower housing prices means lower costs to Tricon to buy homes, but higher interest rates cuts into bottom line also,

    Lots of info on you tube about markets and predictions, everyone has an opinion , I would like to jump in , but at what price , good luck everyone , comments please
  • A
    Ajay
    Buy the dip
  • R
    Rowan
    like if you're here because of Financial Education
  • A
    Adam
    This $19.50ish range has been resistance for 2 months.. volume is light.. I know CAR.UN is the heavyweight in this sector but I will keep accumulating Tricon instead. Their properties are massive, more upscale, and they continue building like crazy in the downtown core
Advertisement
Advertisement