Here are two summaries of Andrew Hamlin's (Aston Hill Financial) comments. GLTA
Tricon Capital (TCN TSX) Bought it Nov 1, 2012 at $5.70.
Great way to play the U.S. rental market. Huge growth potential in portfolio of assets. Stock is cheap and pays investors a 4 percent dividend while housing market recovers.
| 2012-11-22 || TOP PICK || TCN-T || Tricon Capital Group || |
Exposure to the US rental market. Buys distressed homes, puts in a bit of capital and then rents it out for 13% gross yield. Likes it because it has great growth potential. Going from 700 now to 1000 homes by end of this year. 4% paid for you to wait. When housing prices pick up you will see a significant increase.
| Price: |
GROWTH & INCOME