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

To: Paul Senior who wrote (71225)	12/6/2022 3:49:32 PM
From: Paul Senior	Read Replies (1) \| Respond to of 78694

Buying DEI in quantity now. Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Douglas Emmett focuses on owning and acquiring a substantial share of top-tier office properties and premier multifamily communities in neighborhoods that possess significant supply constraints, high-end executive housing and key lifestyle amenities. I assume their land and/or land&properties are irreplaceable. Which sounds good, but I'm not sure what it means, if these assets can still do ok going forward. DEI cut the dividend in 2008/9; increases every year since. Yield very large for this company, now at 7%. Stock is at a multi-year low. Maybe a 10-year low eyeballing it. P/sales is very low (relatively), as would be expected with low price here. In September, four directors and the ceo bought shares between $18 and 21 ($21.17). Stock is now under $15.50. It's one thing for me write I'm buying a few shares of something. What-the-heck, might not really impact my portfolio. How cautious do I really want to be? Otoh, when I'm going for a full position, it's much more worrisome for me. Perhaps I've missed something significant with DEI. finance.yahoo.com