NWH-UN.TO (NWHUF)
International Healthcare REIT
I've brought some NWHUF at $5.96, here is what I like.
1) NWH-UN.TO has gotten beat up so your buying near 52 week lows, pays a huge divy of 10.30% (Monthly).
2) NWH-UN.TO has become and international REIT with the acquisition in it's presentation they said FFO between the two companies would be .88, and with further cost cuts they believe they could get it .94 run rate. Hence if they deliever that number going foward, it is trading at and absurdly low mutliple of 8, it should in my opinion trade at a multiple of about 12.
3) NWH-UN.TO has started buyback of shares, so that should help the company going foward. I like the fact that they issued a buyback.
4) The CEO has also put his money where this month is by my count the guy has brought almost 390k shares this month. My guess is things aren't going badly if the CEO is willing to spend his own cash on buying the stock. Especially that many shares, this is far from a small buy in my opinion.
Conclusion: I think NWH-UN.TO is super attractive at current prices, and think their is significant upside in the stock in my opinion. All is just my opinion, and I could always be wrong though.
