| PAST TOP PICK | 11.650 | David Baskin | (A Top Pick July 17/07. Down 2%.) Nothing wrong with this one. Under followed. Likes the 7.7% yield. Pretty good commercial property. Good defensive Buy. | 2008-06-10 | |
| TOP PICK | 11.350 | Charles Dillingham | Mostly in Atlantic Canada. Have Sobey’s as anchor stores. High yield and well managed. | 2008-06-02 | |
| WEAK BUY | 11.000 | Dennis Mitchell, CFA | You get Atlantic exposure out of this company. Their Q4 was very strong. A good name. Not a core name. | 2008-03-24 | |
| BUY | 11.000 | Dennis Mitchell, CFA | Primarily retail. Most of its exposure is in Atlantic Canada. They are the monetization vehicle for Sobey’s and Empire. Recently blended in 62 properties of real estate from Empire. Reported 2 days ago and their results were fantastic. Distribution is covered and the debt is well in place. | 2008-02-29 | |
| BUY | 11.000 | Dennis Mitchell, CFA | (Market Call Minute.) Discount to NAV, good cash flow generation and a strong portfolio makes it a Buy. | 2008-01-14 | |
| Comment | 12.770 | Leslie Lundquist | Should have secured distributions for the foreseeable future. Extremely stable assets and very stable distribution policy. Low payout ratio. Very low yield and you may be better off with a bond. | 2007-07-25 | |
| TOP PICK | 12.500 | David Baskin | About 6.8% yield. Only been public for a little while and is not that widely followed. Will be the landlord for a lot of Sobey’s stores. The biggest commercial landlord in Atlantic Canada. Recently made some acquisitions in eastern Ontario. Higher growth possibility than some of the other REIT’s. | 2007-07-17 | |
| BUY | 13.150 | Dennis Mitchell, CFA | Most of it is grocery anchored retail, with some office as well.
A good name, with good management team.
| 2007-06-29 | |
| BUY | 13.620 | Dennis Mitchell, CFA | Primarily retail focused in Atlantic Canada. Good partnership with Sobeys, which is how they intend to grow in western & central Canada. | 2007-04-03 | |
| BUY | 12.950 | Dennis Mitchell, CFA | Retail focused on unenclosed and neighbourhood shopping centres. Primarily Atlantic Canada. Good yield and trades at a discount to some of the other retail REITs. | 2006-12-22 | |
| BUY | 12.860 | Charles Dillingham | Shopping centres (concentrates on Sobey’s stores) in the Maritimes. Good quality REIT. Insiders have significant holdings. Good long-term play. He is looking at it again. | 2006-12-08 | |
| WEAK BUY | 10.760 | Charles Dillingham | Trading a little above its issue price. It produces income but there won't be anything spectacular. | 2006-06-05 | |
| DON'T BUY | 11.100 | Patrick Kim | Good quality REIT overall. A lot of the properties are anchored by Sobey’s Grocery. Maritime focused REIT, a slower growth area. They talk about making acquisitions in the west where growth is, but there are already a lot of ways for investors to play the western market. | 2006-04-21 | |
| DON'T BUY | 11.330 | Robert Lauzon | Just went public at $10. You won't hurt yourself by buying this one, but wouldn't buy at this price. There is a lot of exposure to Zellers and not sure where that store fits into the Canadian retail landscape over in the next 5 years. Buy Northern Property (NPR.UN-T) instead as it is a safer alternative with better properties in areas that have higher growth. | 2006-04-07 | |
Experts that have talked about Crombie Real Estate Investment Trust
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