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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Lazarus who wrote (60050)	11/7/2017 7:52:07 PM
From: E_K_S	1 Recommendation Recommended By ekimaa Read Replies (1) \| Respond to of 78464

Remember the exit plan once this bottoms and we get a sustained upturn if/when the value buyers see the GN valuation, you first sell off your high priced shares if/when you have a gain. That we you then will show a lower avg cost on each sell. Not too important in a tax deferred account other than building up your cash reserves. Here is some news about what Private Equity is eyeing. Mall names move higher on GGP going-private talks; shopping centers up too There was loose chatter earlier this morning, and now Bloomberg is reporting GGP and Brookfield Asset Management as being in talks to take the mall operator private. GGP is up 17.5%. Mall and shopping center operators have had a tough run in the age of Amazon, but now a savvy operator like Brookfield may be thinking valuations have fallen far enough. Simon Property ( SPG +2.4%), Macerich ( MAC +8.3%), Taubman ( TCO+5.3%), Weingarten ( WRI +2%), Kimco ( KIM +1.5%), PREIT ( PEI +5.8%), Retail Opportunity ( ROIC +1.8%), Tanger Factory ( SKT +2.6%), CBL ( CBL+1.5%), Washington Prime ( WPG +2.1%), Kite Realty ( KRG +2.3%) ----------------------------------------------- Most every Mall in the U.S. has either a Macy's or a JC Penny as an achor store. Macy's has more company owned real estate that is owned free & clear where JCP has alreadt leveraged their real estate. If Private Equity is seeing enough value in the Mall property to take GGP private, Macy's could be a candidate to go private too. The point is smart money (typically Private Equity is considered smart money) is looking at these properties, specifically the FFO they generate at the current market price. Macy's has traded as low as $9.00/share so it still may be a value trap. I do like to see Private Equity sniffing around these assets. It must mean we are not the only value investors in this sand box. Good investing EKS