Morguard Corp MRCBF

Primary Symbol: T.MRC

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.

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Morguard Corp > The trend is your friend

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Comment by slston May 27, 2021 2:01am

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Post# 33273723

RE:The trend is your friend

I like the way you look at it weekly. The low was end of February and since March 1st MRC stock price has gone up steadly and up now up nearly 40%.

I also expect the price will blow past last years $200 per share. Continues to trade at a discount to NAV. I like its Subsidiary MRT.un as it is trading at an even bigger discount to NAV.

Good Luck Longs.

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