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Bullboard - Stock Discussion Forum Morguard Real Estate Investment 5 25 convertible unsecured subordinated debentures T.MRT.DB.A

Alternate Symbol(s):  MGRUF | T.MRT.UN

Morguard Real Estate Investment Trust is a Canada-based closed-end real estate investment trust. The Company provides real estate advisory services and portfolio management services, specializing in publicly traded equities and fixed-income securities, to institutional clients and private investors. The Company owns a diversified portfolio of 46 retail, office and industrial income-producing... see more

TSX:MRT.DB.A - Post Discussion

Post by Paddy902 on Jan 13, 2021 6:30pm

Doubled up....

Given the BPY bid I thought this was a good time to double down. Unlike most stocks this has really not recovered and understandable given the retail exposure. But the discount to BV now seems overly excessive and like MRC, I bought more in an account for which I will take advantage of the DRIP. Happy to take the distribution while I wait for it to hit $7 over the next 12-18 months....I don't need a double on this.
Comment by Shirtlessnomore on Jan 13, 2021 11:44pm
Agreed, I am just biding my time watching and buying a few here and there on dips. Doing the same on MR.UN they are both overdue jmo
Comment by ariesleaf on Jan 14, 2021 11:07am
After herd immunity hope all the office's open up. Tired of all the back ground noise from people working at home.
Comment by Shirtlessnomore on Jan 14, 2021 8:47pm
Bahahaha! Good one! Thanks I needed a good laugh and so true. God knows they only are working half the day at best.
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