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MCAN Mortgage Corp T.MKP

Alternate Symbol(s):  MAMTF

MCAN Mortgage Corporation is a Canada-based loan company and mortgage investment corporation. Its objective is to generate a reliable stream of income by investing in a diversified portfolio of Canadian mortgages, including residential mortgages, residential construction, non-residential construction and commercial loans, as well as other types of securities, loans, and real estate investments. Its lines of business include three divisions: MCAN Home, MCAN Capital and MCAN Wealth. MCAN Home is its residential mortgage lender that partners with accredited mortgage professionals to offer both insured and uninsured mortgage solutions across Canada. MCAN Capital focuses on financing and investment opportunities in the construction and commercial loan markets, real estate investment trusts (REITs), and private investment funds focused on lending to and developing Canadian communities. MCAN Wealth offers investors Canada Deposit Insurance Corporation (CDIC) insured investment solutions.


TSX:MKP - Post by User

Comment by JayBankson Aug 30, 2021 10:50pm
160 Views
Post# 33786339

RE:RE:RE:RE:Preliminary Base Shelf Prospectus for $400 M. in Securities

RE:RE:RE:RE:Preliminary Base Shelf Prospectus for $400 M. in Securities

GoldenArm wrote: Or maybe the other Base Shelf Perspective was expiring or expired and this is just to make sure they can offer shares for cash in the future.

I think you're going to have to show me where it says FinCorps can't increase dividends, a link will do. Usually the Banks tell the government what to do.

Lastly, with strong numbers in the last 2 quarter and a growing EBITDA I think the company should acquire another firm that they can apply their knowledge to increase the cash flow and EBITDA. That would make the stock pop.

Nice move up today on low volume. Either someone took a position or something is coming. I don't know if any of this is true but feel something is up.



I'm pretty sure it's just the large public banks that were under those types restrictions.

The previous poster mentioned the special dividend we received, It was stated that dividend was due to a 'one time taxable event' is I believe how it was stated not an overflow of non distribution income, tho they seem more than capable to increase the payouts...

Does anyone think they make making moves in preparation to consolidate the space and eat someone if they get the right deal?

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