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Bullboard - Stock Discussion Forum Morguard Corp T.MRC

Alternate Symbol(s):  MRCBF

Morguard Corporation is a Canada-based real estate and property management company. The Company’s principal activities include the acquisition, development and ownership of multi-suite residential, commercial and hotel properties. The Company has various retail, office, industrial, hotel and residential holdings owned directly and through its investment in Morguard Real Estate Investment Trust... see more

Bullboard (TSX:MRC)

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(163)
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  • Northforce13X
Post by Northforce13on Nov 07, 2024 11:37pm

Beautiful Q

Adjust net income for MRG's price movement (f/s note 18, + 104967), net  = 112882 for the quarter Property fair value gains 51940 (note 18)  Office occupancy 88.9%.  88.1% prior ...more  
Post by NotDrakeon Nov 06, 2024 8:28pm

33% Dividend increase - from $0.60 to $0.80

Still a small dividend but nice to see.  EOM
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(163)
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  • Northforce13X
Comment by Northforce13on Oct 19, 2024 1:41pm

RE:RE:Morguard Announces Renewal of Normal Course Issuer Bid

Sep 19: "* George Armoyan recently joined the board.  He has historically been a huge proponent of buybacks in companies in which he is involved when the SP is below book value and the ...more  
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  • Northforce13X
Comment by Northforce13on Oct 19, 2024 1:33pm

RE:RE:MRC into SOT

Thank you for the tip.  I am aware of the nuances of SOT, it being my largest holding.   I specialize undervalued risk/reward metric securities.  Good opportunities lie with ...more  
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  • Malpeque2X
Comment by Malpeque2on Oct 06, 2024 3:20pm

RE:MRC into SOT

NorthForce13: Yo have to sharpen your pencil at SOT.    Lots of debt and leverage.    Interest coverage ratio and ability to refi/sale  as debts come due is going to be ...more  
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  • Northforce13X
Post by Northforce13on Oct 03, 2024 5:11pm

MRC into SOT

Sold my trading position of MRC, nice gain vs entry, redeployed capital into SOT.UN. Big developments over there, lots happening behind the scenes It SOT survives, which seems increasingly likely ...more  
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  • Northforce13X
Comment by Northforce13on Sep 28, 2024 12:22am

RE:RE:Bizarre price movement

Raw trades show RBC pounding it all day Exiting or active strategy to push the SP.  I ponder the latter; a sell algorythm pounding the bid rather than deftly seeking the best price, which is the ...more  
Comment by bruloilon Sep 27, 2024 10:07pm

RE:Bizarre price movement

price pushed down by a seller from RBC more than 7k shares. Short sells who knows? Cross 2 and anonymous??? House Positions for C:MRC from 20240923 to 20240927 ...more  
Comment by NotDrakeon Sep 27, 2024 9:49pm

RE:Bizarre price movement

I agree, I don't think unique to MRC but feels like algos play (or attempt to play) retail like a fiddle, or maybe it's big-money battles.  You have these runups that sometimes feel ...more  
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  • Northforce13X
Post by Northforce13on Sep 27, 2024 3:25pm

Bizarre price movement

Todays 7% decline is bizarre I bought some more The movement looks and feels like an algo has been set to push it lower Had I the sufficient financial firepower to step in and take a stand, and ...more  
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  • Northforce13X
Comment by Northforce13on Sep 27, 2024 3:18pm

RE:Sep 27, 2024 dividend - RBC mistake

Probably an RBC only error, didn't notice anything here but it's so small I haven't paid attention
Post by NotDrakeon Sep 27, 2024 10:11am

Sep 27, 2024 dividend - RBC mistake

Anybody else get their Sep 27 dividend as the C$ equivalent of U$0.15 instead of just C$0.15? I had gotten excited at the "increase" lol but I guess RBC will fix soon.
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  • Northforce13X
Comment by Northforce13on Sep 19, 2024 4:24pm

RE:Morguard Announces Renewal of Normal Course Issuer Bid

* They keep the NCIB outstanding and available at all times * I think they did buy some shares of MRC back in 2023, reducing o/s share count 1.5%, going off of memory, however.  Also looking ...more