Pennsylvania R.E.I.T. (PRETQ)

[LegitStockFly]

Amongst Friday panic selling an incredible buy opportunity opened up.
Pacific Ethanol Inc - PEIX has been recently reviewed by Analyst and has received yet another price target upgrade. As the front page news regarding President Trump testing positive for Covid-19 seemed to over shadow all news, investors went into sell mode on just about everything.

However, this opened the door for entry into shares of Pacific Ethanol Inc(PEIX.US) at levels that are forecasted to bring investors a double the money gain in the near future. The Ethanol Sterilization products sector is only going to see an increase in demand as Covid-19 concerns continue to dominate the headlines. Current share price is below $7.50 and the lowest target price is now at $13, with a new target of $20.50.


Investors are encouraged to perform due diligence on PEIX.

Latest Information and Price Targets For PEIX

[pappi]

PEI Fans:

Recent news about a comprehensive financial restructuring. Anyone got views or insights - nominal money move around or a fatal to shareholders C11 warning?

-pappi, who finds this an interesting play if not a total C11 loss.

[whytestocks]

News: $PEI PREIT Reports Second Quarter 2020 Results

PHILADELPHIA , Aug. 10, 2020 /PRNewswire/ -- PREIT (NYSE: PEI) today reported results for the three and six months ended June 30 , 2020.  A description of each non-GAAP financial measure and the related reconciliation to the comparable GAAP financial measure is located in the tables...

Got this from PEI - PREIT Reports Second Quarter 2020 Results

[richrichrich]

So....
My thoughts are, if they are so optimistic that mall revenues are on the rise, and everything points to a robust return to retail shopping, then why not UP the coming dividend declaration, to say a nickel, or something more than 2 cents....
This would attract a horde of investors, seeing an upward move in recovery.....
Everybody would be happy. The PPS would surge upward.....

What's wrong with this "dream" ?

JMO

[roger wilco]

PREIT Provides Business Update
July 14 2020 - 06:55AM

PHILADELPHIA, July 14, 2020 /PRNewswire/ -- PREIT (NYSE: PEI), a leading operator of diverse retail and experiential destinations, reported that its entire portfolio is operational and provided an update on other Company initiatives.

"Over the past decade, we have upgraded our portfolio to hold only dramatically higher quality properties in dominant locations, with improved anchors and lifestyle experiences that create a sense of community and loyalty for our customers. Now, as shoppers happily return to our properties, we see the results of this long-range strategy paying off," said Joseph F. Coradino, CEO of PREIT. "The portfolio's locations in the high barrier to entry metro markets of Philadelphia and DC provide abundant opportunities to distinguish ourselves in this continually changing retail environment by creating communities that incorporate diverse uses that complement core retail tenancy, including multifamily residential, digitally native retailers, distribution centers and a range of healthcare uses."

PROPERTY STATUS AND RESULTS

PREIT's portfolio reopening effort culminated on Friday July 3, 2020 as it opened its final property and marquee redevelopment, Fashion District Philadelphia. This followed closely on the heels of seven other suburban Philadelphia properties that opened their doors within the prior week.

Occupancy continues to gain traction toward stabilization with the portfolio re-occupied at over 80%. In-line occupancy is now over 90% at several of the Company's market-dominant properties: Capital City Mall, Magnolia Mall, Dartmouth Mall and Woodland Mall.

Retailers continue to report robust sales performance in excess of last year's sales as shoppers are visiting properties with an intent to purchase. The seeming best performers are athletic shoes and apparel, personal care products and home décor. Notably, traffic has returned to 80% or more of average at Valley Mall, Viewmont Mall, Willow Grove Park and Patrick Henry Mall.
With properties at the center of their communities, PREIT continues to promote protocols that support a safe shopping environment and promote contactless pickup options.

LIQUIDITY AND EXPENSE REDUCTION

The Company continues to prioritize improving its liquidity position. During June, the Company completed its single tenant outparcel sale effort, closing on the remaining $14.4 million in sales, bringing the total outparcel sale effort made public in February 2020 to $27.8 million. The Company has also improved its monthly collection levels significantly since the shutdown started and continues to make progress in executing on rent deferral arrangements with top tenants in addition to collecting prior months' rent.

In addition to previous one-time savings in G&A and operating expenses totaling $4.7 million, the Company has also made permanent overhead reductions that are expected to save the Company approximately $4.0 million annually in General and Administrative expenses. The Company has also reduced planned capital spending for 2020 by $26 million, a savings of over $30 million in 2020.

As part of its effort to revitalize its portfolio of real estate offerings, the Company continues to make strides toward closing on the previously-announced multifamily land sales to unlock significant value in underutilized land.

CONSTRUCTION AND TENANT OPENINGS

Throughout the portfolio, exciting new tenants are back on track with recent openings including Talbot's Outlet and Plymouth Performing Arts, both at Plymouth Meeting Mall. At the same time, construction is back on track with a number of exciting new tenants underway for 2020 openings including: Sephora at Woodland Mall, Shake Shack and Sola Salon at Plymouth Meeting Mall, Blaze Pizza at Capital City Mall and Ardene at Willow Grove Park to name a few.

To stay up to date on PREIT's response to COVID-19, please click here and to stay up to date on our re-openings, please click here

About PRIET

PREIT (NYSE:PEI) is a publicly traded real estate investment trust that owns and manages innovative properties at the forefront of shaping consumer experiences through the built environment. PREIT's robust portfolio of carefully curated retail and lifestyle offerings mixed with destination dining and entertainment experiences are located primarily in densely-populated, high barrier-to-entry markets with tremendous opportunity to create vibrant multi-use destinations. Additional information is available at https://www.preit.com or on Twitter or LinkedIn.

[Alyssa]

Four Corners Property Trust Acquires Four Property Portfolio From PREIT for $6.8 Million
BY MT Newswires
— 5:27 PM ET 06/23/2020
05:27 PM EDT, 06/23/2020 (MT Newswires) -- Four Corners Property Trust ( FCPT ) said Tuesday that it has acquired a four property portfolio for $6.8 million as part of a previously announced outparcel transaction with PREIT.

The company said the properties are a Burger King, a Firestone Auto Center, an Olive Garden, and a Starbucks and are are located in Maryland, North Carolina, and South Carolina.

According to the company, the properties are occupied under net leases with a weighted average 7 years of term remaining and are leased to the respective corporate operators.

Price: 23.55, Change: 0.00, Percent Change: 0.00

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

[roger wilco]

News~ PEI announces quarterly cash dividend

PHILADELPHIA, May 19, 2020 /PRNewswire/ --

Pennsylvania Real Estate Investment Trust (NYSE: PEI) announced that its Board of Trustees has declared a quarterly cash dividend of $0.02 per common share. The dividend is payable on June 15, 2020 to common shareholders of record on June 1, 2020. The June 15th dividend payment will be the Company's 173rd consecutive distribution since its initial dividend paid in August of 1962.

PREIT has a primary focus on the ownership and management of differentiated retail shopping malls crafted to fit the dynamic communities they serve. The Company operates properties in 12 states in the eastern U.S. with concentration in the Mid-Atlantic and Greater Philadelphia region. The Company is headquartered in Philadelphia, Pennsylvania. More information about PREIT can be found at www.preit.com or on Twitter or LinkedIn. (PRNewsFoto/PREIT) (PRNewsFoto/)

The Company also announced today that its Board of Trustees has declared quarterly cash dividends of $0.4609375 per share on its 7.375% Series B Cumulative Redeemable Perpetual Preferred Shares, $0.450000 per share to holders of its 7.20% Series C Preferred Shares, and $0.4296875 per share to holders of its 6.875% Series D Preferred Shares. These dividends are payable on June 15, 2020 to holders of record on June 1, 2020.

About PREIT

PREIT (NYSE:PEI) is a publicly traded real estate investment trust that owns and manages innovative properties at the forefront of shaping consumer experiences through the built environment. PREIT's robust portfolio of carefully curated retail and lifestyle offerings mixed with destination dining and entertainment experiences are located primarily in densely-populated, high barrier-to-entry markets with tremendous opportunity to create vibrant multi-use destinations. Additional information is available at www.preit.com or on Twitter or LinkedIn.

[jhdf51]

Yep good point!

JHD

[richrichrich]

Not really, IMO. Since they foolishly announced that future quarterly dividends would be 2 cents, instead of 21 cents, most investors will "shy away" from buying the stock. They should have said nothing, and waited til the economy recovers a bit. This will undoubtedly keep the PPS at or around one dollar, forever....
I wish I lived up in the Pennsylvania area, to perhaps go to the new mall, and see how it is "thriving"......LOL.
JMO.

[kingBach]

PEI Balancing in these prices a breakout is coming

[jhdf51]

Thats fine..they can retain more earnings higher pps...its all good.

JHD

[Motorhead265]

And we are off!!

[richrichrich]

Hope you're right, and it does recover in a big way. However, even for them to payout the currently claimed dividend, and move on with business as usual, I think it's going to crush them into either severely reducing or completely discontinuing future dividends. If you think that mall property buying/selling/renting will be "on the upswing" in coming times, I don't believe that's likely. So if they change their dividend "stance", I think the stock will likely go down quickly, to pennystock status......JMO.

[pappi]

Small chunk bought today. Will continue this.
upside prospect seems to merit the study time.
-p

[pappi]

Greets:

As a long term fan of BDCs and REITs, this stock just popped on my occasional survey of stock market dogs with interesting upswing potential. Even with a hefty debt, interest rates encourage consolidation at near zero compensation for borrowing. The otherwise underlying fiscals aren't all that awful. Even with a dividend cut or temp. curtailment, the upside potential for this over the next year or three is rather hopeful.

Surprised to see coverage on Ihub as sparse as it is.

-p

[richrichrich]

Hooray. They've come to their senses, and declared the full 21 cents divi. This should be a great incentive to "buy in". I may buy some shares as of tomorrow, since the the PPS should head upwards, tremendously......

[Scotttrader80]

PEI is definately acting like a divy cut is coming. .21 cents to.....15?

[richrichrich]

As far as the divi goes, they are overdue at this date, for even a simple announcement and ex declaration. I have a suspicion that they will lower the quarterly amount, or maybe even discontinue it entirely. It's kind of stupid of them. I think it is causing the current PPS to slump sharply, at least in the last week or two. JMO.

[Scotttrader80]

A bottom will show eventually, maybe after the next divy

[Personalizit]

In at $5.04. No brainer, high dividend, large short position.

[whytestocks]

News: $PEI A New(ish) Mall Just Opened -- These 2 REITs Will Benefit

In recent years, changing shopping trends and the growth of e-commerce have decimated the U.S. mall sector. Many malls have closed over the past decade, and an even greater number are trapped in death spirals and likely to close within the next five years or so. Meanwhile, hardly any new malls...

Read the whole news PEI - A New(ish) Mall Just Opened -- These 2 REITs Will Benefit

[whytestocks]

News: $PEI PREIT Quantifies Success of Remerchandising Effort with Mall at Prince George's Review

PHILADELPHIA , Sept. 4, 2019 /PRNewswire/ -- PREIT  (NYSE: PEI) Following a multi-year remerchandising effort, PREIT's Mall at Prince George's ("MPG") emerges as a marker of success in the Company's redevelopment efforts. Located just outside of Washington DC , the prope...

Find out more PEI - PREIT Quantifies Success of Remerchandising Effort with Mall at Prince George's Review

[richrichrich]

Just got in at 6.90, for the lovely dividend....

[whytestocks]

News: $PEI PREIT and 1776 Partner to Open New Flexible Workspace and Founders' Market Representing the Evolving Mall Model at Cherry Hill Mall

PHILADELPHIA , Jan. 24, 2019 /PRNewswire/ -- PREIT  (NYSE: PEI) and 1776 announced today the opening of 1776's newest campus, a startup incubator and Founders' Market at Cherry Hill Mall, providing space and supporting innovation and collaboration for the local retail and startup co...

Got this from https://marketwirenews.com/news-releases/preit-and-1776-partner-to-open-new-flexible-workspace-and-founders-market-representing-the-evolving-mall-model-at-cherry-hill-mall-7549346.html

[cjmeyer]

Busy board!Time to load up

[ValueInvestor15]

Multiple valuation analyses show Pennsylvania Real Estate $PEI is highly undervalued: valuation

[Penny Roger$]

~ Tuesday! $PEI ~ Q1 Earnings posted, pending or coming soon! In Charts and Links Below!

~ $PEI ~ Earnings expected on Tuesday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=PEI&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=PEI&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=PEI
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~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=PEI
Finviz: http://finviz.com/quote.ashx?t=PEI
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<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=PEI >>>>>>



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*If the earnings date is in error please ignore error. I do my best.

[Penny Roger$]

~ Thursday! $PEI ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $PEI ~ Earnings expected on Thursday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=PEI&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=PEI&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=PEI
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=PEI#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=PEI+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=PEI
Finviz: http://finviz.com/quote.ashx?t=PEI
~ BusyStock: http://busystock.com/i.php?s=PEI&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=PEI >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.

[Penny Roger$]

Pennsylvania Real Estate Investment Trust (PREIT) is an integrated, self-managed and self-administered real estate investment trust (REIT). The Company primarily engaged in the ownership, management, leasing, development, redevelopment and acquisition of retail shopping malls and strip, and power centers. The Company has a primary investment focused on retail shopping malls and strip, and power centers located in the eastern half of the United States, primarily in the Mid-Atlantic region. As of December 31, 2010, the Company’s portfolio consisted of a total of 49 properties in 13 states, including 38 shopping malls, eight strip and power centers, and three properties under development. The operating retail properties have a total of approximately 33.2 million square feet. The development portion of its portfolio contains three properties in two states, with two classified as mixed use (a combination of retail and other uses), and one classified as other.

http://www.google.com/finance?q=PEI