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Melcor Real Estate Investment Trust 5 1 Convertible Unsecured Subordinated Debentures T.MR.DB.B

Alternate Symbol(s):  T.MR.UN

Melcor Real Estate Investment Trust is a Canada-based open-ended real estate investment trust. The Company’s principal business is to acquire, own and manage office, retail, and industrial properties in select markets across Western Canada. Its portfolio consists of interests in approximately 38 properties representing approximately 3.1 million square feet of gross leasable area located Alberta and in Regina, Saskatchewan, and Kelowna, British Columbia. Melcor has approximately five million square feet in planned commercial developments. Its portfolio of properties is located across Canada in various cities, which include Coast Home Centre in Edmonton; Kingsview Market in Airdrie; Birks Building in Edmonton; Capilano Centre in Edmonton; Crowfoot Business Centre in Calgary; Parliament Place in Regina, Melton Building in Alberta, and others. The properties are externally managed, administered and operated by Melcor Developments Ltd. (Melcor).


TSX:MR.DB.B - Post by User

Comment by Shirtlessnomoreon Mar 08, 2021 8:08pm
121 Views
Post# 32749193

RE:Buybacks/ASPP started

RE:Buybacks/ASPP startedIt's funny I couldnt help but think about the fact that posters and shareholders complain about companies and their inability to create shareholder value and blah blah, like the narrative earlier in the year here with firm capital and such, meanwhile today the company pays 5.25 and dough head retail sells it down, I mean we should never have even closed below 5.25, in fact if the dummies who sold waited a day or 2 and sold into the bid everyone wins. That's why I've always said dont blame the company, blame the retail sellers, the company is doing their part, now they have raised the dividend and bought the first day they could at a decent bump in price and the ones complaining sell cheaper?? Makes no sense, but at the end of the day let retail go ahead and burn themselves I guess.
canadian wrote: 2021-03-0815:58 2021-03-08$MRUNMelcor Real Estate Investment Trust 1 - Issuer Direct Ownership Trust Units 38 - Redemption, retraction, cancellation, repurchase$16,837 +3,207vol $5.25each


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