TSX:MRG.DB.B - Post by User
Comment by
SusanBollandon Oct 27, 2021 9:40am
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Post# 34053865
RE:RE:Q3 results
RE:RE:Q3 results FirstOne wrote: ....''With so much cash and low debt they should be out buying to increase FFO and dividend increases !!!!"..
Just an observation;
You can't count the cash from the future mortgages and didn't count the new debt in your debt ratio.
I'm not sure that these results are so positives. Revenues are stalling. They have to fix the low occupancy rate in Canada.
The only positive thing is the average rent up by 2,3 %(US) and 3% (Can).
Maybe the back to normal is for the next quarter.
Stay tuned.
some of the lower occupancy in Canada is due to universities, which should come back this coming year.