Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Melcor Real Estate Investment Trust 5 1 Convertible Unsecured Subordinated Debentures T.MR.DB.B

Alternate Symbol(s):  T.MR.UN

Melcor Real Estate Investment Trust is a Canada-based open-ended real estate investment trust. The Company’s principal business is to acquire, own and manage office, retail, and industrial properties in select markets across Western Canada. Its portfolio consists of interests in approximately 38 properties representing approximately 3.1 million square feet of gross leasable area located Alberta... see more

TSX:MR.DB.B - Post Discussion

View:
Post by canadian on Mar 05, 2021 3:57pm

Spoke with management. Trading block ends today.

Comment by Rickmorris1 on Mar 05, 2021 3:57pm
This post has been removed in accordance with Community Policy
Comment by Shirtlessnomore on Mar 06, 2021 10:06am
Nicole in IR is EXCELLENT at returning messages, she does a great job.
Comment by canadian on Mar 06, 2021 7:11pm
Yes. Automatic share purchase plan will add pressure to the share price on the upside. Expect to see 6$ soon. May be 8$ by year end Based on FFO, it's 16% returns per year compared to 12% returns per year of hr.un. I believe in the long run hr.un may be better. Mr.un may recover faster than hr.un for now.
Comment by RetiredCEO on Mar 06, 2021 7:54pm
This post has been removed in accordance with Community Policy
Comment by canadian on Mar 06, 2021 7:59pm
Dude, write downs are a common practice in Reits. Some do it, some don't.
Comment by RetiredCEO on Mar 06, 2021 8:24pm
This post has been removed in accordance with Community Policy
Comment by Shirtlessnomore on Mar 07, 2021 12:06pm
They are also somewhat of a strategy, when financials are not going to be great which in this environment is obvious the write downs put all the bad on the table at once opening the door for much better results going forward, to sacrifice a couple quarters which would already be bad going forward just gets better and better in many cases.
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities