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

To: Lazarus who wrote (66386)	2/3/2021 12:14:37 PM
From: E_K_S	Respond to of 78745

I like the idea of converting debt to equity and now at historical low rates is a good time to pay that debt off. I do lower my $48/share price target a bit but that will depend on where they set their distribution (dividend) after debt is paid off. I like how the company is moving into mixed use properties which eventually s/d lead to higher asset valuations along w/ higher revenue streams. I am looking over ALL my REITs and selling those that have high debt/leverage since these equities may/could sell off more in a sustained correction. For me it's a balance between owning a hard asset (ie real estate) that may be over valued and a falling $US (difficult to maintain purchasing power if you hold cash as $US loses value). The perfect combination is to own the hard assets w/ little to no debt and let the current cash flows pay (1) current expenses and (2) Capx projects.

To: Lazarus who wrote (66386)	2/3/2021 2:33:27 PM
From: Madharry	1 Recommendation Recommended By pak73 Respond to of 78745

That is such a biased article its not funny. Reading the article you would never know that macerich is not responsible for any of the mortage debt. I particular liked the use of the word "beleaguered" wording i have seen before . frankly it looks like a release that was put out by a shortseller and widely distributed. They have obviously filed to sell stock that much is true. the question is at what price. I wonder why they just didnt go to ashkenazy a billionaire who owns some high class malls and still has a 5%+ position in mac and sell him shares in a private transaction.