Bullboard - Stock Discussion Forum 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... see more

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TSX:MPCT.DB - Post Discussion

Dream Impact 5 50 Convertible Unsecured Subordinated Debentures > Target is $1

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Post by Predator2018 on Oct 23, 2023 3:28pm

Target is $1

DISASTER....Dividend to be cut off soon as asset management fees creates more massive dilution.

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Comment by DJ441c on Oct 23, 2023 7:38pm

I agree div at risk although actual cash paid out is only $1.8 MM per q how does one come up with a $1 valuation even if suspended

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Comment by ScroogeMcDuck1 on Oct 24, 2023 1:14am

"“We believe the revised distribution preserves additional liquidity for the trust’s development commitments and is better aligned with our strategy,” said chief financial officer Meaghan Peloso. “We felt pretty comfortable coming up with the 16-cent distribution in terms of how we’ll be able to sustain it going forward.” As recurring income grows as new assets come online, Cooper ...more

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