RE:RE:MPCT 2026 Forecast with Slide Presentation ImagesIn the earnings themselves, not likely. We do have some sales from Brightwater Towns and Ivy Condos in Q3 which will generate some one time net income, but the townhomes will be mostly closing in Q4. We also have 30M in cash (no debt) from the sales of 10 lower spadina and 349 Carlaw which will further pay down debt. Our LOC limits may be reduced from these sales unless collateral placed against other assets.
However, any insight of 49 Ontario Progress, or distribution reinstatement outlook (won't be reinstated yet, but outlook may provide clarity) would be seen as positive.
Aalto II and Common at Zibi will likely be around NOI neutral from being a drag as they get leased up. Maple House will have its first quarter of some NOI contributions, albeit not material as it's still not full leased.
Interest rate costs will be lower than analysts expect (again).
We are trading at under 100M in market cap, with NOI about to see material increases over the next 12 months as interest costs drop. We are setup VERY well for future appreciation of MPCT units IMO.
I added a small amount today.
DJ441c wrote: thnaks for the great detail recent price action certainly doesn't look like "bankruptcy" in the future
do you feel any significant move in q3 earnings likely thanks