All of the following should be based on Welltower Inc. REIT

THESIS

This company is a buy or sell for the following summarized reasons.

DESCRIPTION/INDUSTRYS PROSPECTS

Summary of the companys business model and focus. Where does it fit in its sector and among its peers?

FINANCIAL CONDITION

Discussion of the companys balance sheet, debt structure and cash flow.

DIVIDEND RECORD

Show or discuss the companys past dividend payments. A table or chart here is always good.

EARNINGS and/or FFO Growth

We would like to have a growing company. What does the growth of this company look like? What is driving the growth?

PRICE AND PRICE MULTIPLES

Discussion of all multiples including PE, P/NOI, P/FFO and P/AFFO. Dont just report them, but analyze them. How do they compare to peers? Are they reasonable?

VALUATION

How much is the company worth, both in terms of enterprise value (or market cap) as well as on a per share basis. This is also where you would show any NAV valuation you have done.

CONCLUSION

I would or would not recommend purchasing Welltower Inc. and believe we should add more to our position or sell it.