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Medical Properties Trust, Inc. (NYSE:MPW)

Posted on 5/5/23 at 2:11 pm
Posted by Auburn1968
NYC
Member since Mar 2019
19419 posts
Posted on 5/5/23 at 2:11 pm


Medical Properties Trust, Inc. (NYSE:MPW)

Down in the $8 region. Most of its history has been in the $20. 15% dividend. Seeking Alpha screams buy as does Wall Street.



Posted by SloaneRanger
Upper Hurstville
Member since Jan 2014
7654 posts
Posted on 5/5/23 at 2:39 pm to
I own some of this. Bought in the teens and thought I was doing great when it was at $23 or so. They’ve been hit with some bad press and short interest recently. Maybe a problem with one of their major lessees? They own medical facilities and lease them back I think.

May be worth buying some at this price. But I’d be careful and wouldn’t go all in without a lot of research and understanding about their prospects.
Posted by KillTheGophers
Member since Jan 2016
6211 posts
Posted on 5/5/23 at 4:08 pm to
Cell tower reits do better
Posted by Drizzt
Cimmeria
Member since Aug 2013
12857 posts
Posted on 5/5/23 at 11:31 pm to
I’ve got 450 shares at around $12. I’m buying more, especially if it goes to $7. Commercial real estate is generally in trouble but medical facilities will always be rented. MPW sold some assets but is still healthy (see what I did there).
Posted by Auburn1968
NYC
Member since Mar 2019
19419 posts
Posted on 5/6/23 at 12:41 am to
quote:

I’ve got 450 shares at around $12. I’m buying more, especially if it goes to $7. Commercial real estate is generally in trouble but medical facilities will always be rented. MPW sold some assets but is still healthy (see what I did there).


Medical is usually the closest thing to recession proof. The only time I've seen medical industries take a big hit was when Hillary was pushing Hillary-care.

Posted by makersmark1
earth
Member since Oct 2011
15762 posts
Posted on 5/6/23 at 5:25 am to
I own it so it could go to zero.

Posted by FLObserver
Jacksonville
Member since Nov 2005
14443 posts
Posted on 5/6/23 at 3:33 pm to
Own OHI instead. Seems to have held up better than this one.
Posted by saint tiger225
San Diego
Member since Jan 2011
35371 posts
Posted on 5/7/23 at 2:10 pm to
quote:

I own it so it could go to zero.


Posted by METAL
Member since Nov 2020
1038 posts
Posted on 5/8/23 at 8:54 am to
Bought in.
This post was edited on 5/8/23 at 8:55 am
Posted by Auburn1968
NYC
Member since Mar 2019
19419 posts
Posted on 5/8/23 at 9:26 am to
I'm still nibbling at it.

Posted by Boomer Rick
Member since Apr 2021
139 posts
Posted on 5/8/23 at 9:29 am to
I’ve been buying the last month or so. Cost basis of $8.35.

A little riskier, but I think they will be able to maintain dividend. Once this cycle ends I think they will still be standing and we will look back at this price as a nice opportunity.
Posted by FLObserver
Jacksonville
Member since Nov 2005
14443 posts
Posted on 5/12/23 at 6:41 pm to
Posted by SmackoverHawg
Member since Oct 2011
27320 posts
Posted on 5/13/23 at 1:15 pm to
quote:

Medical is usually the closest thing to recession proof. The only time I've seen medical industries take a big hit was when Hillary was pushing Hillary-care.


Wrong. Clinics are struggling. Hospitals are struggling. We haven't had a increase in re-imbursement in about 16-17 years. We've lost 30% or more to inflation in the last 20. As pay increases in other sectors, medicine has been frozen in time for almost two decades. People have no clue how bad the situation is and is going to be without some drastic change.

From someone that owns two very successful businesses in the medical field, I can assure you that medical is no longer recession proof. At least at the provider level that would be renting these spaces. It's going to be hard to keep the facilities filled and be able to raise rents/leases if there is no profit. Just something to think about.
Posted by Beessnax
Member since Nov 2015
9131 posts
Posted on 5/13/23 at 9:17 pm to
quote:

Clinics are struggling. Hospitals are struggling. We haven't had a increase in re-imbursement in about 16-17 years. We've lost 30% or more to inflation in the last 20. 


All of this is true. Do you think they are trying to make it fail so we can switch to socialized medicine?
Posted by SmackoverHawg
Member since Oct 2011
27320 posts
Posted on 5/13/23 at 9:22 pm to
quote:

Do you think they are trying to make it fail so we can switch to socialized medicine?


Or some hybrid of it that allows those with money to still have access to high quality care. It's been pretty obvious for awhile. Corporate medicine will dictate who gets what.
Posted by Auburn1968
NYC
Member since Mar 2019
19419 posts
Posted on 5/16/23 at 9:39 am to
quote:

Wrong. Clinics are struggling. Hospitals are struggling. We haven't had a increase in re-imbursement in about 16-17 years. We've lost 30% or more to inflation in the last 20. As pay increases in other sectors, medicine has been frozen in time for almost two decades. People have no clue how bad the situation is and is going to be without some drastic change.

From someone that owns two very successful businesses in the medical field, I can assure you that medical is no longer recession proof. At least at the provider level that would be renting these spaces. It's going to be hard to keep the facilities filled and be able to raise rents/leases if there is no profit. Just something to think about.


Most of my medical experience was on the video side producing CME's, patient ed, mode of actions and promos mostly financed by big pharma along with some patent disputes and liability cases. It was pretty much recession proof, but not Washington proof. In those terms, the problems might stem from the same place.
Posted by j1897
Member since Nov 2011
3560 posts
Posted on 5/16/23 at 12:37 pm to
quote:

I’ve got 450 shares at around $12. I’m buying more, especially if it goes to $7. Commercial real estate is generally in trouble but medical facilities will always be rented. MPW sold some assets but is still healthy (see what I did there).


Lets hold them bags lol. I was selling calls against it and collecting premium and div's, down so far i'm just gonna forget i own it.
Posted by makersmark1
earth
Member since Oct 2011
15762 posts
Posted on 5/16/23 at 1:18 pm to
I still own so we certainly are not at the bottom.

Diamond hands-ENGAGE!
Posted by Grievous Angel
Tuscaloosa, AL
Member since Dec 2008
9672 posts
Posted on 8/21/23 at 2:20 pm to
Price at $6.75. I've been reinvesting dividends and am at a 50% unrealized loss. I've held for 10 years. Purchased in 2013.

This sucks.

I see they cut the dividend in half today.
This post was edited on 8/21/23 at 2:25 pm
Posted by Boomer Rick
Member since Apr 2021
139 posts
Posted on 8/21/23 at 4:25 pm to
At least the band aid has been ripped off now.
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