yesterday from Andy Nasr (Middlefield Capital). GLTA

http://watch.bnn.ca/#clip829630

 

2012-12-18 BUY TCN-T Tricon Capital Group

NAV is about $6.50-$6.75. Raised money and invested in single-family US homes. Passing the yield on through to investors. You are really playing an economic recovery in the US. As employment improves and housing affordability improves, house prices will go up and the company will benefit. What they are doing is interesting but at some point in time they will get crowded out. Likes the business model.


Price:
$6.230
Subject:
CANADIAN DIVIDEND & REITS
Bias:
BULLISH on REITs
Owned:
Yes