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Bullboard - Stock Discussion Forum 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... see more

TSX:MRC - Post Discussion

Morguard Corp > MRC Looks Just..........
View:
Post by Malpeque2 on Nov 16, 2020 4:24pm

MRC Looks Just..........

Too Damn Cheap.
Comment by Paddy902 on Nov 16, 2020 6:24pm
I agree, and of all the BV plays I have it has the largest discount, which I assume is related to its focus on real estate, and the fact that the market doesn't accept the BV it has for its holdings. But anything up to 50% of BV seems like a deal.
Comment by Beabaggage on Nov 19, 2020 4:04pm
agree, snagged some at $73US pre-vaccine news.  Shai has been buying and retiring the C corp and REIT shares all year.  I think headline risk will be heavy thru 4th/1st/even 2nd q 2021 but will add on any more swoons.  Institutional demand for r/e is still strong which may provide some support to values. 
Comment by Paddy902 on Nov 27, 2020 6:24pm
I just keep picking away...another 100 today at $117...nothing major per trade but my position starting to ad up.
Comment by pierrelebel on Feb 11, 2021 5:58pm
For quite some time I had an order to add 100 shares at $109.  Never got a fill. Finally thgis morning I waised by bid to $110.06 and got a fill in late afternoon, bringing our (my wife and I) holdings to 400 common shares. Looking for $200 in 2022 or 2023.
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