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Strategies & Market Trends : Underexposed Technical Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Underexposed who wrote (506)9/16/2019 5:42:46 PM
From: Underexposed1 Recommendation

Recommended By
kimberley

  Read Replies (1) | Respond to of 914
 
What a great day... the Dream Global Real Estate stock we have in the Canadian Fantasy portfolio went from $14.17/ share on Friday to $16.57 at today's close...a gain of 16.94%

Look at this chart!!!



What the heck caused this jump in price????

Ahhhh. the stock is being taken over by Blackstone

Dream Global Real Estate Investment Trust Announces Agreement to Be Acquired by Real Estate Funds Managed by Blackstone

Dream Global unitholders to receive cash consideration of $16.79 per unit which represents a significant premium of 18.5% to the closing price of Dream Global units on the TSX on September 13, 2019, the last trading day prior to announcement of the transaction, and will represent a total return for 2019 of 47%
.......
The consummation of the Transaction will be subject to the approval of at least 66 2/3% of the votes cast by Unitholders at a special meeting of Unitholders and a majority of the votes cast by Unitholders other than DAM and other related parties. The Transaction is subject to other customary conditions, including regulatory approvals, and is expected to close in December 2019.
So...there is still something like $0.20/share money more to be gained before the transaction is closed.

So now is not the time to sell.... it is not the time to sell yet... if it rises to $16.79 quickly I will sell as there are other places for that money.

I wonder if anyone here bought it when I added it to the fantasy portfolio.... nice winner on a winner day because of the rise of the Oil price

UE



To: Underexposed who wrote (506)9/20/2019 7:35:39 PM
From: Underexposed1 Recommendation

Recommended By
kimberley

  Read Replies (1) | Respond to of 914
 
CDN: Status of the Canadian Fantasy Portfolio On Sept 20/19

This week was eventful mainly because of the buyout of Dream Global REIT [TSX:DRG/UN]. Blackstone group bought them out offering investors $16.79 per share the transaction is completed in December if approved by investors, how can they refuse with about a $8.00 gain on $10.00

Canadian Fantasy Stock Portfolio Update...Sept 20/19

Transaction History

Transaction................................................. Comments............................................................. Amount

..... Date

.......................... Initial investment........................................................................................... 100,000.00
06-Aug-19........ Buy 2000 shares of Centerra Gold @ $10.88/ share....................................... -21,760.00
23-Aug-19........ Buy 1500 shares of Dream Global REIT @ $14.39/share................................ -21,585.00

13-Sep-19......... Sale of 2000 shares of Centerra Gold @ $10.50/share ................................... 21,100.00
16-Sep-19......... Market buy of 5000 shares of Peyto Exploration and Dev filled @ $4.08/shr.. -20,400.00

.................................................................................................................................................... ---------------
............................................................................Cash on hand including any dividends....... $57,355.00

Current Portfolio as of September 20, 2019

Ticker.................. Company....................Shares..... Price.........Value....... % Gain/loss...Dividends*

DRG/UN.TO....... Dream Global REIT....... 1,500..... $16.57..... $24,855.00...... 15.15%
PEY.TO ..............Peyto Exp & Dev........... 5,000......... 3.80 ...... 19,000.00 ........ 6.86%


................................................................................................ ----------------
............................................................Total value of stocks. $43,855.00


* Dividends are for reference only the cash is added to Cash on hand

Total Portfolio Value Summary

Cash on hand:.... $57,355,00

Total Value Trend

Date................... Value %Gain/Loss

02-Aug-19..... $100,000.00

23-Aug-19..... $102,050.00...... 2.05%
30-Aug-19..... $102,625.00...... 2.63%
06-Sep-19..... $100,570.00...... 0.57%

13-Sep-19..... $ 99,010.00...... 0.99%
20-Sep-19.... $101,210.00 ..... 1.21%


Charts





The DRG/UN.TO has plateaued of course.... there is little action by comparison to a few days ago. There will not be a problem selling what we have (and what I have in my real portfolios) since there is still 20 cents of gain to go and someone will want that.


Peyto is a bit of a disappointment now but I have purchased this stock in the past... as long as oil and gas rises we will be fine.


Back in the positive.........I will probably sell Dream Global in the next week.... we will have lots of cash for new buys.

Good Trading
UE