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MCAN Mortgage Corp T.MKP

Alternate Symbol(s):  MAMTF

MCAN Mortgage Corporation is a Canada-based loan company and mortgage investment corporation. Its objective is to generate a reliable stream of income by investing in a diversified portfolio of Canadian mortgages, including residential mortgages, residential construction, non-residential construction and commercial loans, as well as other types of securities, loans, and real estate investments. Its lines of business include three divisions: MCAN Home, MCAN Capital and MCAN Wealth. MCAN Home is its residential mortgage lender that partners with accredited mortgage professionals to offer both insured and uninsured mortgage solutions across Canada. MCAN Capital focuses on financing and investment opportunities in the construction and commercial loan markets, real estate investment trusts (REITs), and private investment funds focused on lending to and developing Canadian communities. MCAN Wealth offers investors Canada Deposit Insurance Corporation (CDIC) insured investment solutions.


TSX:MKP - Post by User

Comment by JayBankson Aug 12, 2021 11:52pm
81 Views
Post# 33699208

RE:RE:Anyone know when earning Q2'21 is out?

RE:RE:Anyone know when earning Q2'21 is out?
JayBanks wrote:

Last one was released on an early morning like 6:30am... on a Tuesday... (May 11th)

I expected it this week too, maybe it's a next week thing, I've seen no news on a release day, and Scotia does not have them anywhere on the calendar of expected earnings this month....


 

Of course they would release a couple hours after I say that... lol

I expected very tame results with numbers on a per share basis to be a little lower for a quarter due to the major share count increase recently, this is a very nice surprise that they seem to have made up that ground and blown past it. I hate how they compare everything to same quarter last year, everything looks good compared to this time last year.

In the sector this and BRE are the 2 best buys currently.

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