receive daily
reports of the
TOP PICKS
OR
your personal
stock choices
| Click Here to receive daily reports of the TOP PICKS OR your personal stock choices | STOCKCHASEWhat the experts are saying! |
|
| There are 9 registered members and 86 guests viewing the site. | Follow us on Twitter |  Rss Top Picks Feed | Rss Daily Feed |
|
| TOP PICK | 34.400 | Ben Cheng | Almost 6% yield. Management change which is cleaning out the portfolio giving some G&A savings that will hit the bottom line in the next 12 months. Very clean balance sheet giving a lot of room for acquisition growth going forward. Wouldn't be surprised to see the stock trade somewhere between $42-$44 longer term. | 2012-05-09 | |
| WATCH | 34.380 | Michael Simpson, CFA | Industrial real estate assets that were spun out from Magna (MG-T). Currently Magna is a tenant in about 96% of their properties. Low payout ratio. For a REIT they have an amazingly low debt on their balance sheet. If management works it right, they will buy additional properties and diversify away from Magna. This is a “wait-and-see” if management can execute. | 2012-04-12 | |
| TOP PICK | 37.000 | Veronika Hirsch | Are going to convert into a REIT. Either will joint venture Magna assets with other parties or get non-Magna assets into their portfolio. It will be more diversified over time. Have a balance sheet that allows them to do that. It’s a developing story. 5.7% yield with room to increase it as they get the portfolio the way they want it. | 2012-03-09 | |
| TOP PICK | 36.890 | Jim Huang | (A Top Pick July 13/11. Up 29.26%.) Real estate that owns the property where Magna Plants are. Looking to expand internationally. Balance sheet is really under levered. Feels they want to convert to a REIT and will be able to pay more dividends. They also want to diverse away from Magna (MG-T). Target of $45. | 2012-03-01 | |
| BUY | 36.600 | Andy Nasr | Sees considerable up side. There is single tenant risk in Magna. 5.7% yield should be able to grow. | 2012-02-16 | |
| TOP PICK | 32.420 | Michael Smedley | Manages the plants that Magna (MG-T) uses. Has brilliant new independent management. Quadrupled its dividend and turned itself into a REIT. | 2011-12-13 | |
| TOP PICK | 31.850 | Veronika Hirsch | Owns real estate and leases it to Magna (MG-T). Have increased their dividend so that yield is now 6.8%. Will be converting into a REIT. Also wanted to diversify away from Magna by acquiring other properties. | 2011-11-25 | |
| BUY | 33.350 | Charles Dillingham | A legacy of Magna (MG-T) and was basically a vehicle to hold all of their warehouses, etc. Now looks like it is well structured. For the moment, too much of it is one tenant. | 2011-11-16 | |
| TOP PICK | 33.420 | Richard Fogler | Have a bunch of buildings with AAA leases, all to Magna (MG-T). Converting to a REIT in December. Compared to other REITs, it is trading at 2/3 of its value. Will start paying a $2 dividend in December. Under levered. Worth $43. | 2011-11-14 | |
| TOP PICK | 33.420 | Jim Huang | Grossly undervalued. Leverage is 20% compared to the average real estate company of 50%-60%. Converting to a REIT so substantially increasing their dividends. Stock should be $40 plus if they can execute their strategy to become a REIT. | 2011-11-14 | |
| TOP PICK | 28.640 | Veronika Hirsch | New management wants to make this into a real company. In the process of strategizing. They want to diversify. The next good news will be the announcement of a real dividend and it should re-value the company. | 2011-09-23 | |
| TOP PICK | 29.200 | Jim Huang | Real estate that owns the property where Magna Plants are. Now that Frank Stronach is totally out of the stock, they have a new board and new management and the balance sheet is way under levered. | 2011-07-13 |
