REIT has recently been under huge pressure partly due to the negative economic outlook, which I believe is justly been reported by the Main stream media, although may have been mildly overblown in WSJ. However, nonetheless, the Res RE is not looking up anytime soon despite rate cuts due to the tightened lending on top of decreasing housing prices, oversupply, etc. Commercial RE is just seeing the beginning of lowered mall sales and lowered occupancy due to the effects of lowered consumer spending. So much more downside available. EPS at $1.2 and paying $2 in dividend is not sustainable, and thus the dividend rate must be reduced or earnings has to catch up. Given the FPE in the 60's, I don't see earnings up, so the dividend cut is imminent. Low teens is more reasonable target for the PE and the $25 target in the next 3 months is a conservative measure.
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Shoe size,also known as shoe,common in the following standard method: international,European,U.S.and UK.
International standards is the shoe that the foot a few millimeters long.
Chinese standards adopt a few millimeters or centimeters. Such as: 245 millimeters,24 1 / 2 centimeters,that the same size.
Conversion formula:
Cm system of few × 2-10 = Europe (EU system +10) ÷ 2 = centimeters
Centimeters -18 +0.5 = US-made American +18-0.5 = centimeters
Centimeters -18-0.5 = +18 + 0.5 inch Inch = centimeters
Shoe table:
Shoes
Foot length cm 22.5 23 23.5 24 24.5 25 25.5 26
Europe EUR 35 36 37 38 39 39 40 40
U.S. US 5 5.5 6 6.5 7 7.5 8 8.5
UK UK 4 4.5 5 5.5 6 6.5 7 7.5
Men
Foot length cm 24.5 25 25.5 26 26.5 27 27.5 28
Europe EUR 39 40 41 42 43 44 45 46
U.S. US 7 7.5 8 8.5 9 9.5 10 10.5
UK UK 6 6.5 7 7.5 8 8.5 9 9.5 gf
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