TSX:MRT.DB.A - Post by User
Comment by
robbie88on Apr 28, 2021 8:00pm
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Post# 33088254
RE:RE:RE:omg positive EPS
RE:RE:RE:omg positive EPSReally good Q1, beat all estimates by at least 10%. Mortgages were renewed at 3% in Q1. If MRT can finance the $300M unencumbered properties at 3% or existing $150M Line of Credits to replace 4.5% convertible debt, the interest saving is over $2M, another 3 cents AFFO.
Even if MRT can stablize at current FFO, current share price is a bargin.
Also don't forget there are over 2 million shares are shorted and has to be covered.
Very interesting to watch.