Dream Impact 5 50 Convertible Unsecured Subordinated Debentures T.MPCT.DB

Alternate Symbol(s): T.MPCT.DB.A

Dream Impact Trust is a Canada-based open-ended trust dedicated to impact investing. The Company operates through two segments: Development and investment holdings, and recurring income. The Development and investment holdings segment comprised direct and indirect investments in residential and mixed-use developments, a hospitality asset, and participating mortgage receivables. The Recurring income segment comprised a portfolio of commercial real estate income properties and multi-family rental assets in the Greater Toronto Area (GTA) and Ottawa/Gatineau, a utility asset, and interest-paying corporate loans. The Company is managed by Dream Asset Management Corporation (DAM).

TSX:MPCT.DB - Post by User

Dream Impact 5 50 Convertible Unsecured Subordinated Debentures > Scarborough Junction?

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Comment by InvestSmarteron Feb 10, 2024 3:19pm

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Post# 35873980

RE:RE:RE:Scarborough Junction?

It is under the equity accounted investments, under "other". Lumped in with a bunch of other properties. There is almost no value in the current NAV on the Q3 report for this development. MPCT won't add the NAV until the density is officially approved. That will be a very large mark up, nearly half the current trading price. At current adjusted NAV in Q2 2023 of about $31+, trading at $6.50, the market is not pricing in anything for MPCT. Its like all their assets are worth nothing. Doesn't make sense. Someone big enough will eventually clue in.

ScroogeMcDuck1 wrote: However not sure what value is currently in the nav dor this site. Is this for sure newly surfaced value? I guess we await earnings

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