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Compiling comments that experts make about stocks while on public TV.

Dream Office REIT Stock Symbol: D.UN-T

Notes:

Formerly Dundee Office REIT (June 2014)

Last Price Recorded: $15.7900 on 2016-02-06

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Bloomberg
Date Signal Expert Opinion Price
2016-02-03 COMMENT Derek Warren

This is tied more directly to the Alberta economy with pressures in Edmonton and Calgary offices. It’s Ontario portfolio is fine. 14% dividend yield which he feels should be cut.


Price:
$15.590
Subject:
REIT's
Bias:
BULLISH on REITs
Owned:
Unknown
2016-01-28 HOLD Colin Stewart

Hold on to it if you have had it for a while.  It is a case of their cash flow being under pressure and they have leverage on their balance sheet.  Management is smart and as long as oil is not here for 5 years, this is not the time to sell but to hold on for sunnier days.


Price:
$15.860
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
UNKNOWN
Owned:
Unknown
2016-01-05 DON'T BUY Paul Gardner, CFA

He has disliked this story for so long.  He has a problem with their management contract and their fees.  They are in a space that is struggling.  They have suffered because of the properties outside of Calgary.  The overall assets are not great.  The dividend is safe.


Price:
$16.860
Subject:
DIVIDENDS, FIXED INCOME & REITs
Bias:
SELECTIVE
Owned:
Unknown
2015-12-08 COMMENT Jeff Young

He has a little bit and thinks it is cheap. Trading well under NAV. It gets about 40% of its Net Operating Income from the West. There is a lot of capacity coming on in the office space, both in Toronto and Calgary. They are doing the right things on leasing. This is one that he hopes will rise after the pressures of this year come off. The company has said they are not looking at the 13% dividend as it is fine and their cash flow supports it at the moment.


Price:
$17.200
Subject:
CANADIAN DIVIDEND
Bias:
SELECTIVE
Owned:
Yes
2015-12-03 DON'T BUY Ben Cheng

Has been under pressure.  It is because of the decline in the valuations for office space in Alberta.  About 40% of their leasable space is in Alberta.  He is not worried about a dividend cut.  Real vacancy rates he thinks are much higher than published, for office space.  He thinks it is 25%.


Price:
$17.940
Subject:
REITS, INCOME STOCKS & HIGH YIELD BONDS
Bias:
Bullish on Fixed Income
Owned:
Unknown
2015-11-12 WAIT Derek Warren

A very professional organization.  It becomes difficult to value the company, however.  They wrote down a Calgary office 15% as a part of their recent earnings.  He is keeping an eye on Edmonton vacations and they will do a deeper dive into the company. 


Price:
$19.320
Subject:
REIT's
Bias:
SELECTIVELY OPTIMISTIC
Owned:
Unknown
2015-11-09 HOLD Colin Stewart

Stock vs. Stock.  D.UN-T vs. CUF.UN-T.  Both distributions are pretty safe.  Interest rate rises are negatively affecting these.  A lot of investors have a fear regarding Canadian Real Estate. 


Price:
$20.240
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
CAUTIOUS
Owned:
No
2015-11-09 DON'T BUY Paul Harris, CFA

Stock has fallen a great deal because a lot of their properties are located in Calgary.


Price:
$20.240
Subject:
NORTH AMERICAN/GLOBAL
Bias:
UNKNOWN
Owned:
No
2015-10-13 HOLD John Stephenson

Primarily B level office space. Even though 30% of the portfolio is A class exposure, there is a compression in rents generally. As the A rents come down, B class tenants start to consider moving up, which puts pressure on the B’s. Good company and cash flow seems to be strong. Not really growing all that fast at this point.


Price:
$21.600
Subject:
NORTH AMERICAN
Bias:
BEARISH
Owned:
Unknown
2015-09-11 COMMENT Derek Warren

Market has been overly harsh on this vehicle for some time. The 11% yield is quite high. There have been several transactions where similar properties to their GTA portfolio, especially the one they bought in 2011, are trading at significant improvements, basically 30% higher than what this company paid. There has been speculation if they will cut. They don’t really need to, but if they did they would be using that money to produce more CapX and renovations on existing office portfolios.


Price:
$20.420
Subject:
REIT's
Bias:
BULLISH on REITs
Owned:
Unknown
2015-08-20 PAST TOP PICK Ross Healy

(Top Pick Jul. 29/14, Down 18.67%)  Good quality REIT.  There are some concerns about some holdings in the West. 


Price:
$21.820
Subject:
NORTH AMERICAN - LARGE
Bias:
BEARISH
Owned:
Yes
2015-07-27 SPECULATIVE BUY Derek Warren

He does now own it because of the negative pressure in Calgary office markets.  He thinks the market is pricing in more rent erosion than there is.  For the brave, there is a bit of an opportunity. 


Price:
$23.560
Subject:
REIT's
Bias:
OPTIMISTIC
Owned:
No
2015-07-24 COMMENT Jaime Carrasco

Great managers. His stop losses kicked in, so he has greatly reduced his positions. REITs have room to go because of the decline in interest rates by the central bank in Canada. He is going to wait to see what happens. |Still likes it. His company’s target is $31 and have it is a sector perform.


Price:
$24.120
Subject:
RESOURCE, UTILITY & REITs
Bias:
BULLISH on GOLD
Owned:
Yes
2015-07-02 COMMENT Andy Nasr

He has very little office exposure in his real estate portfolios. In the next 3-4 years you are going to see a lot of new supply come on to the market. Typically, what happens when you get these new buildings is they start really affecting rents. This one has a lot of suburban office which will be affected. It is decently valued here, but you have to be very, very patient and wait for the new supply to get absorbed into the market.


Price:
$24.320
Subject:
NORTH AMERICAN DIVIDEND & REITs
Bias:
OPTIMISTIC
Owned:
No
2015-05-15 COMMENT Derek Warren

Has been under pressure simply because of the overbuilding in the office market that we have been seeing in Calgary and Toronto. They have been losing tenants and it has been a bit of a struggle, but they are able to continue to lease up. While he believes their cash flow will continue to be under strain, the dividend is sustainable and it is a generous yield.


Price:
$26.880
Subject:
REIT's
Bias:
OPTIMISTIC
Owned:
No
Showing 1 to 15 of 178 entries
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