NorthWest Healthcare Properties REIT, still a short opportunity?

NorthWest Healthcare Properties REIT logo

Founded in 2004 and publicly traded since 2010, Northwest (TSX: NWH.UN) is a global real estate investor and asset manager focused on properties and partnerships at the intersection of healthcare, knowledge, and research. We’re a real estate investment trust with more than $10B of assets under management, owning and operating a portfolio of more than 230 high-quality properties across Canada, the United States, Brazil, Germany, the Netherlands, the United Kingdom, Australia, and New Zealand.

Source: NWH.UN About page
Continue reading “NorthWest Healthcare Properties REIT, still a short opportunity?”

I’m speechless

When I’m too lazy to write something meaningful myself, I will just be posting something that left me speechless…

Among the marchers was 8-year-old Athena Wilson from Boca Raton, Florida. She and her mother Maleah, flew from Florida. for Sunday’s protest.

Source: Tens of thousands march to kick off climate summit, demanding end to warming-causing fossil fuels
 

Cruz, however, maintains that Bitcoin can play a pivotal role in conserving energy resources. He noted that Bitcoin mining machines can swiftly power down in crisis, effectively becoming emergency reservoirs of power.

Source: US Senator says Bitcoin mining could boost energy grid resilience
 

Farmers protested at the Federal Reserve’s headquarters, and car dealers, who were especially affected by high interest rates, sent coffins containing the car keys of unsold vehicles. Many people also wrote letters to Volcker telling him how they had saved for many years to purchase a home but were now unable to because of high rates.

Source: Volcker’s Announcement of Anti-Inflation Measures

The Triple Action of Interest Rates

As the saying goes: Don’t Fight the Fed.

Here is my rather naive understanding of how Interest Rates influence equity markets and why I’m still bearish.

Let’s have a look at a very simplistic example of the following company:

Share price: $100
EBIDTA: $10/year
Debt: $100 (variable interest rate: 2% = $2/year)
Dividends: 3% = $3/year (payout rate is only 37.5%, nice!)
To keep things simple, the company pays no taxes.
—
Bottom line: after all the payments, we end up with $5 extra dollars every year.
$10 – $2 – $3 = $5.
Pretty amazing.

What happens when interest rates start going up?
For example, from 2% to 5%.
Continue reading “The Triple Action of Interest Rates”

Birchcliff Energy: One bad quarter for commodity prices won’t hurt our company

Birchcliff Energy Ltd. is a dividend-paying Calgary, Alberta based intermediate oil and gas company that explores for, develops and produces natural gas, light oil and natural gas liquids.

Source: Birchcliff Energy website

Business was booming for Birchcliff Energy Ltd. (TSX:BIR) back in 2022 because natural gas prices were going through the roof.
Here is one of the interviews Birchcliff‘s CEO gave to Bloomberg:
Continue reading “Birchcliff Energy: One bad quarter for commodity prices won’t hurt our company”

RIP X?

Source: #RIPTwitter

When Elon Musk bought Twitter, my first thought was that this was the beginning of the end for him.
Up until recently, I was using Twitter (mostly in read-only mode, thanks to the RSS feature of nitter).
But since Elon is aggressively cutting costs and destroying Twitter‘s functionality, third-party apps basically stopped working or have lots of limitations.
Most accounts I was following on Twitter have some kind of blog or alternative anyway, so…
Bye-bye, Twitter, or what?

How to save up to 10% at a gas pump in Canada

I feela bit ashamed to write about this, but my poor ex-USSR/Belarusian childhood made me a very frugal person.
Thus, I enjoy saving here and there and do it almost automatically.
This kind of mindset will probably never make me a billionaire, but that’s ok.

So, how can you save 10% at a gas pump in Canada?
Continue reading “How to save up to 10% at a gas pump in Canada”

Streamlining Operations

Unfortunately, developing casual games for mobile platforms has become quite a hassle.
There are millions of games and apps available because basically anyone with minimal knowledge can make one, thus, developing a new game makes no sense, markets prioritize the most popular games and don’t really promote new titles unless you have a big fat budget for marketing.

At the same time, there are these stupid new regulations, like GDPR and CPRA. Marketplaces have their own rules, which they change from time to time, like the Google Play Store, which requires updating the app at least once every 2 years, otherwise, it will be automatically removed.
Plus, sometimes I need to update games to fix my own bugs and add new features.

Anyway, keeping numerous games in compliance with all the new rules and regulations is quite a soul-sucking task, so I’ve decided to remove most games from markets except for the two most popular and profitable.

All-in-One Solitaire and All-in-One Mahjong are both available for Android, iOS, Windows 10+ and online.
I will keep updating those games and add new features.

All other games, All-Peaks Solitaire, Shadow Solitaire, Rainbow Lines and Match Jong are only available online at the Pozirk Games website.

At the same time, there is some good news! 🙂
Old Flash games, that stopped working after Adobe stopped distributing Flash plugin, are slowly coming back to life!
Thanks to Ruffle, a Flash Player emulator.
It is still in beta, but several games are working just fine already.
Balloon Express – works!
Feed The Furry – works!
Instant Football – works!
Mad Tanks – works, but there are some bugs and game doesn’t save the progress.
Total Construction – almost works, but not yet.
Resistance Is Useless – not yet.
Space Age – not yet.
Dolly The Sheep – not yet.
Charlie Likes Strawberries – not yet.

Mad Tanks, Space Age and Resistance Is Useless are still my 3 most favorite games.

WeBankrupt™

Q1 results are out, time for some short follow-up.

Bed Bath & Beyond (NASDAQ:BBBY) went bust, and many other unprofitable companies should follow suit, but it’s a good start.
Bitcoin still costs 27k tethers, so, I think, we are far from the bottom but definitely closer since my previous post: Bloodbath and Beyond.
An interesting article on BBBY: The United States of Bed Bath & Beyond.

Ok, moving on.
Continue reading “WeBankrupt™”

DISCLAIMER: The content in this blog represents the opinion of the author. No information here should be used for any purpose except for entertainment.