Morguard Real Estate Investment 5 25 convertible unsecured subordinated debentures T.MRT.DB.A

Who is selling?

[slst]

Ha Ha....just my luck, everytime i buy, it goes down some more.  Watching my gains shrink.
Thought I was averaging up, instead I am averging down.

I am an old stubborn person.  Did my due deligence and I see Deep Value.  Most REITS (Bigger ones) are back most of the way.  Hope I am right.  Over $1/share annual cash flow.

Its either a no brainer....or "I" have no brain.

[MTLfinecity]

The market just overlooked this. Actually it makes total sense for this to trade at this price.  Most investors don't look at FFO/share or book value. They look at the dividend yield.  MRT.UN yields 3.85%  Riocan yields 4.28% Dream industrial yields 4.4% why invest in MRT lol  And low liquidity means institutitions cannot build a meaningful position.  Market is

[Shirtlessnomore]

I am with you on this, we are in a very unusual time and the uncertainty right now is probably the culprit, if you take a serious look tho at many of the diversified reits the last month to 3 months chart is virtually unchanged or actually lower, melcor for example, mr.un was actually higher 3 months ago than it is now AND they had a dividend INCREASE, HR.UN is lower than it was a month ago BTB.UN