TSX:MRT.DB.A - Post by User
Comment by
apollojeticon Jul 16, 2021 9:11am
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Post# 33558414
RE:RE:IS THIS REALLY THE TIME TO ADD MORE.?
RE:RE:IS THIS REALLY THE TIME TO ADD MORE.?They really have to work on upping the distribution at least to 4 cents to start. So many other better run reits that didn't reduce their distribution.
The 2 cents doesn't cut it. If it continues for the forseeable future at that level you will know they have low confidence in the return of business as before.
The earnings release on July 28th should tell investors all they need to know.
I wouldn't add or start a new position until I see those numbers and their future projections. They should talk about increasing the distribuion if their business is really improving.
Investors can then feel confident in owning this reit.