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Bullboard - Stock Discussion Forum Dream Impact 5 50 Convertible Unsecured Subordinated Debentures T.MPCT.DB

Alternate Symbol(s):  T.MPCT.DB.A

Dream Impact Trust is a Canada-based open-ended trust dedicated to impact investing. The Company operates through two segments: Development and investment holdings, and recurring income. The Development and investment holdings segment comprised direct and indirect investments in residential and mixed-use developments, a hospitality asset, and participating mortgage receivables. The Recurring... see more

TSX:MPCT.DB - Post Discussion

Dream Impact 5 50 Convertible Unsecured Subordinated Debentures > InvestSmarter Keeps Pumping this Risky Stock
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Post by Predator2018 on Nov 07, 2024 1:00pm

InvestSmarter Keeps Pumping this Risky Stock

Be honest and more transparent so that non sophisticated investors wont lose money on a sinking ship.

This is a high risk sinking ship. The risk of not being able to stabilize the condos to generate more than $30 million for just annual interest payments on debts & EAI obligations is high.

MPCT wil continue to selloff cashflow assets to pay debt and debenture interest until stabilization.
Comment by InvestSmarter on Nov 07, 2024 1:33pm
Did you read my detailed EAI explanation below? There are no further cashflowing assets for sale (Non-Core 76 Stafford is for sale, that is about it, and its vacant). Did you read my most transparent article below regarding EAI debt? A lot of the EAI debt is going from 0 income to positive income starting in 2025. Maple House, Aalto II, and Common at Zibi will produce 6-7M income annually by mid ...more  
Comment by CANCDN on Nov 07, 2024 2:14pm
Umm... just an FYI, MPCT pays no interest OR principle payments on ACLP CMHC loans until 12 months AFTER they are stabilized. The interest carry costs during construction to 12 months post stabilization is added to the principal.....   Condo builds do require variable rate plus  loans and are required to service interest costs, but they are capitalized as part of the project. 
Comment by CANCDN on Nov 07, 2024 2:16pm
This is in additions to almsot no equity requried as the land value is included as part of the small equity infusion required by CMHC.  you also previously complained about high debt..... that's the entire play here... high leverage, non recourse, low cost CMHC loans over 50-55 yrs which will generate a great amount of cash flow....
Comment by EstevanOutsider on Nov 08, 2024 10:20am
picked up 5000 units this morning. tough to buy stock. i was buyin in lots of 100 and not all of them would be fully filled. will prob buy more when my other stuff goes up. found the call really encouraging. impact has a number of catalysts that could be swift movers to the unit price. cooper is a stud when it comes to getting joint ventures done and he has some very desireable properties in that ...more  
Comment by InvestSmarter on Nov 08, 2024 10:55am
Happy to see you here. Yes, the liquidity is hard on this one. So buying only what you can hold long term and not trade is important. Cooper knows everyone that matters. He is good at getting deals done and supporting MPCT, which is very important as we partner up on 49 Ontario. We have made great partnerships with some of the biggest and best: Great Gulf, Kilmer, Westdale, Tricon, Harlow, etc.& ...more  
Comment by EstevanOutsider on Nov 08, 2024 3:38pm
ended the day 7500 units, thanks for the posts. will be spending more time on this over the weekend doing my own research. have been invested in unlimited most of the year so familiar with some of it.
Comment by EstevanOutsider on Nov 08, 2024 9:35pm
Any idea how much they can raise from their Capital View Lands in Ottawa?   I find that opportunity exciting as well, along with 49 Ontario Partnerships.... Dream Impact has a number of near-term catalysts potentially. I should probably add more...  
Comment by InvestSmarter on Nov 08, 2024 10:06pm
I do not know the number, but we got some hints. Calculation 1) Cooper mentioned most if not all of the Zibi Development land loan will be paid off with the land sale and the two apartment starts. Each apartment will wipe off around 15M of land loans, so 30M total. There is a 100M land loan on Zibi development in total. So Zibi Capital View Lands will likely get 60-70M. Calculation 2) There ...more