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| BUY | 4.800 | Dennis Mitchell, CFA | Is too small for him to own. Good quality portfolio. Not a REIT. Pays a distribution. A fan of the assets and management team. | 2012-05-01 | |
| HOLD | 4.400 | Jeffrey F. Olin | Great company and great management. Fairly valued at these levels. Suffers because it is not the most liquid name but expect liquidity will increase as they've had an increase in research coverage lately. 4.9% yield. | 2011-12-21 | |
| BUY | 4.350 | Charles Dillingham | Very good company. Shopping centers in Maritimes and Quebec. Couple of very sharp guys. Recently hasn’t done anything for you. Very well thought of. If you have a very long-term focus it will do well for you. It’s small and not exciting. He thinks it will grow. | 2011-08-12 | |
| BUY | 4.050 | Dennis Mitchell, CFA | Good quality name, but too small for him to own. Good management. Great value added model mainly in Quebec and Atlantic provinces. | 2011-08-04 | |
| BUY | 4.250 | Jeffrey F. Olin | Shopping centres in eastern Canada. Strong management that creates value as opposed to clipping coupons. There challenge is that it is not heavily traded. | 2011-06-21 | |
| BUY | 4.400 | Charles Dillingham | A very good little company. Well managed. The knowledgeable people have significant holdings. A core holding for him. Mainly maritime and Quebec shopping centers. | 2011-03-22 |