Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?

To: trustmanic who wrote (2800)	3/12/2002 2:18:17 AM
From: Peter W. Panchyshyn	Read Replies (1) \| Respond to of 11633

I watched this Market Call tonight, and one of the speaker said this income trust sector is a bubble. specially the new comers. ------------ Look to my previous posts #2720 and #2721. --------------- I agreed that some of these trust of trusts we have to watch out ------------ The trust of trusts (specifically SDT and EIT) have faired much better than many of the others. I recall when SDT did their rights offering in October/November some people at first did not take much interest in it. Wanting to see what happened until the final days. That one now is up close to 30% from the conversion price. In less than six months. EIT with its rights offering has faired nicely too. That one is up some 13% now from its conversion price In about a couple of weeks. In each case I advised at the beginning and before hand that unitholders take advantage of the rights offering and that those who could watch the trading of the rights would be able to trade them with some nice gains ( triple digit ). So you are correct that these have to watched (and taken advantage of) . But not "watched out" for. Much like any investment. And like any investment your going to get those that cant make it work out at the end. And those that can. The last several months have shown that all to well. We've seen the doom and gloomers say that up to a couple of months ago that these trusts should be stayed away from or shorted. Recently they have come out to say that a person should not have been accumulating them from six to nine months ago on weakness (on the way down) but instead have bought them three to six months ago when they were at their lows. Funny how their own activities just don't coincide with what someone should have been doing. FOR SUPERIOR RETURNS. -------------- ------------ I should take this opportunity to clear up some "misinformation" about "rights" that was made by a posting by greyhairs. In his post to me he said that the returns for these rights takes many months. That is just not FACT. Fact is that once a person converts his rights into units and the units are trading at a premium to the conversion price. The gain is made that instant at conversion. Not the number of weeks the rights have been around , and especially not how long someone has been a holder of the trust units. -------------. but other than that most of the company provided solid earning. ----------- The trust of trusts provide solid earnings as well. Since they hold those that give solid earnings. And they give like clock work (almost once a year) over the years unitholders the "rights" to take special advantage of. As described above. ------------

To: trustmanic who wrote (2800)	3/12/2002 2:04:30 PM
From: David Alon	Respond to of 11633

There is still a big difference. Assuming you overpay for a reit or unit, sit it out for a year or two, and you will probably recoup your investment,unless they can not keep up with the dividends, which only a fortune teller can really guess. But,if you buy the brokerages darling, like NT, you can forget about making back your money. I still believe,some are underpriced to begin with in order the market should go up after the opening. eg,CBF, LIV,AW and my guess SunGrow, are all priced taken into account that they want the price to hold at least $10 and to move up from there .