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 and Morguard North American Residential REIT. Its owned and managed portfolio of assets is valued at over $17.6 billion. The Company owns a diversified portfolio of over 160 multi-suites residential, retail, office, industrial and hotel properties located in Canada and in the United States. The Company also provides real estate management services to institutional and other investors. The Company, through Lincluden Investment Management Limited, offers institutional clients and private investors a broad range of global investment products across equity, fixed-income and balanced portfolios.

TSX:MRC - Post by User

Morguard Corp

Bullboard Posts

Post by Philbert77on Aug 12, 2018 6:09pm

240 Views

Post# 28447184

This is getting ridiculous

I need to understand why Morguard gets no love. It's trading at $165 with a $285 NAV. That's 58% of book value. They continue to increase FFO per share and book value and the market just shrugs. Is it the majority shareholder? is it because it is real estate? Because it pays almost no dividend and never increases it? I think the company is phenomenal and is run phenomenally. What gives?

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?