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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 flamingogold on May 27, 2021 11:26am

Bullish retest of February high

Not many stocks that have their dividend slashed by 50% see the pre-div cut share price retested only a few months later. This is an extremely bullish signal that the stock is under valued as the market expects a reversal in the dividend cut sooner than later.
Comment by Shirtlessnomore on May 27, 2021 11:42am
I would agree. A good bullish day maybe by the reopening of ontario could easily see a 52 week high. Just a matter of time