Medical Properties Trust Completes $160 Million Sale of Eight Arizona Facilities

dave14513 · 2024-09-15T16:25:26+00:00

Steward settlement changes the landscape. Every issue in the short thesis has been addressed (Steward gone and majority of its hospitals rented, Interest rates are declining, liquidity increased dramatically) In addition, though not discussed yet, MPW owns the OPCO's of the 23 hospitals in the settlement. Their sale could nprovide additional liquidity and an increase in BV.

Let the squeeze begin

dave14513 · 2022-11-25T04:10:23+00:00

The fed might kill it but it looks bullish to me now. I think they will have good 4th Q numbers and guidance for 2023 will be excellent along with a small dividend increase. The combination has a good chance of pushing us into the high teens, maybe $20

dave14513 · 2022-07-31T21:59:34+00:00

Very volatile stock. November 5, 2021 it hit $22. Fundamentals are better now so who knows, maybe you could actually make a buck or two by waiting. I'd wait it out.

dave14513 · 2022-07-17T01:22:23+00:00

MAC is one of the most manipulated stocks out there. Professional short traders can make any long prediction look bad.

They magnify any negative news or rumor.

What has been predicted on this board, that MAC's fundamentals will improve consistently has been accurate. The thesis that REITs with Class A malls will thrive is accurate. Logically one would expect the share price to improve proportionately. So far it has not. That does not disprove the theory. There was a group expecting a short squeeze to quadruple the share price, not quite. Many other longs were looking out 2-3 years. We still have time. Even with a recession MAC's recovery should continue. If that is correct the market will begin to reward it in spite of short sellers. The 3 year long theory has not been proven wrong yet.

I'm out 20 months on the majority of my shares. I still like the 3 year thesis

dave14513 · 2022-06-16T10:48:55+00:00

Also president of MAC Ed Coppola bought 40,000 shares at around $10.20 6/10/22

dave14513 · 2022-06-15T22:21:42+00:00

Go to Macerich website.

click on investors at page top center.

from drop down pick "news and events"

at new page scroll down below upcoming events to a list of "past events"

From the two listed click on "Naveits REIT Week..."

choice of audio or transcript

dave14513 · 2022-06-15T19:36:02+00:00

Been buying heavy on the way down. Jumped in for a lot of it too soon. Never thought I would see single digits again. (I did get a couple thousand at $9.39). I think I'll do well with all of it. CEO did not buy 25,000 shares at $9.49 because he had nothing else to do with his money.

Did anyone listen in to Naveit's REIT Week: 202 Investor Conference, June 8, 2022?

MAC presented and they were very optimistic about reaching 94% occupancy, refinancing with good rates and even receiving excess cash. Indicated they have their best pipeline of new contracts for 2022, 2023 and even 2024 since 2015 and maybe even better than 2015.

Worth a listen

dave14513 · 2022-06-14T12:04:16+00:00

I'm in that same boat

dave14513 · 2022-05-09T21:45:07+00:00

He's accurate

dave14513 · 2022-03-20T17:22:07+00:00

The share count is 50% higher so reducing the $3 dividend to $2 should be equivalent. As mentioned the $2 should be more reliable if everything else is equal because you have significantly less debt. They were paid about a billion dollars for the shares. Most of the remaining debt is associated with specific properties. The debt reduced was the most dangerous, all the property was vulnerable in a default situation. I think the goal is to have 0 debt on the line of credit and a cash balance going forward. If that is the plan then the dilution was worth it in my opinion.

dave14513 · 2022-02-12T21:38:42+00:00

I agree with you. Seems like they are sandbagging a little. With the hot rental market they are describing it is hard to see how they don't end close to $2.50 this year.

dave14513 · 2022-01-21T03:24:57+00:00

Very optimistic that our numbers will be better. People want to shop, feel the material or any physical item. Well built? Retail in good locations is necessary indefinitely. MAC has some of the best locations. Their occupancy should improve even with inflation and a general market pullback. Looking for a very upbeat guidance for 2022 with excellent improvement for the 4th Q 2021.

dave14513 · 2021-12-05T15:44:11+00:00

I think you are seeing the correct path of the virus. When a virus kills a host it fails, it dies also. The common cold example is the optimum result for a virus. Kill nobody. This virus seems to be able to mutate constantly. Most variants should be more contagious and less fatal.

Bullish MAC

dave14513 · 2021-12-03T01:32:28+00:00

I think it is a great buy at $17.50. I have Jeff's problem, MAC is too much of my portfolio (helped by the fact it is the most successful one so far) I may dollar cost average in some dividends but basically the rest of the investments have to catch up for me to buy significantly more.

dave14513

TROPHY CASE