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Morguard Corp T.MRC

Alternate Symbol(s):  MRCBF

Morguard Corporation is a Canada-based real estate company. The Company’s principal activities include property ownership, development and investment advisory services. Property ownership encompasses interests in multi-suite residential, commercial and hotel properties located in Canada and the United States. The Company owns a diversified portfolio of 178 multi-suite residential, retail, office, industrial and hotel properties comprised of 17,566 residential suites, approximately 17.1 million square feet of commercial leasable space. The Company also owns a 65.0% interest in Morguard Real Estate Investment Trust and a 45.3% effective interest in Morguard North American Residential Real Estate Investment Trust. It also provides advisory and management services to institutional and other investors. The Company's subsidiaries include Morguard Real Estate Investment Trust and Morguard North American Residential Real Estate Investment Trust.


TSX:MRC - Post by User

Comment by slston May 27, 2021 2:01am
114 Views
Post# 33273723

RE:The trend is your friend

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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