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MCAN Mortgage Corp T.MKP

Alternate Symbol(s):  MAMTF

MCAN Mortgage Corporation is a Canada-based loan company and mortgage investment corporation. Its objective is to generate a reliable stream of income by investing in a diversified portfolio of Canadian mortgages, including residential mortgages, residential construction, non-residential construction and commercial loans, as well as other types of securities, loans, and real estate investments. Its lines of business include three divisions: MCAN Home, MCAN Capital and MCAN Wealth. MCAN Home is its residential mortgage lender that partners with accredited mortgage professionals to offer both insured and uninsured mortgage solutions across Canada. MCAN Capital focuses on financing and investment opportunities in the construction and commercial loan markets, real estate investment trusts (REITs), and private investment funds focused on lending to and developing Canadian communities. MCAN Wealth offers investors Canada Deposit Insurance Corporation (CDIC) insured investment solutions.


TSX:MKP - Post by User

Bullboard Posts
Post by thompsonljon Jan 08, 2009 9:32am
1266 Views
Post# 15690657

dividend

dividendI see the sp moving up with the reinvestment of the dividend  that we ' ve been seeing in the past . It seems pr edictable to the point that it may be possible to let it run up then sell your shares at say 9.80  to 10.00 and buy back when the intrest wanes after the dividends are used up .I know it's hard to predict the exact exit points and re-entry points but Ithink it can be done close enough to make gains in the amount of shares I currently hold without using the dividend immediately. Any thoughts on this stagety would be appreciated. LT.
Bullboard Posts