TSX:MRT.DB.A - Post by User
Post by
MTLfinecityon Mar 06, 2021 9:31pm
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Post# 32737654
Assuming BV legit lmao
Assuming BV legit lmaothe shares are tradingat 70% discount as other members noticed. The trust has 50% retail properties and 50% office+industrial properties
Let's assume all retail properties have a value of 0 (impossible, but assuming malls dead)
then office properteis are trading at 30% of the remaining 50% of the book value. That's a 60% of office properties book value.
66% upside to have office properties fully valued (50-30)/30.
100% upside if we assume retail is worth 20% of its book value (60-30)30.
i bought and forgot about MRT. Let's not argue here ok? This thing is cheap and safe.
Regardless of what you think of the parent company. They are solid af. Banks have plenty of liquidity. No credit risk=no distress sale=assets remain fully valued.
Back to finding other stocks. This is too easy. Just too cheap.