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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 Shirtlessnomore on Nov 10, 2021 11:51pm

I added a few today

Still alot of selling into the bid, I'd like to see that change. Cheers
Comment by flamingogold on Nov 11, 2021 3:45pm
I added some at $5.53 and have more powder to double down at $5.12 if they take it there. I trust in Rai, he's a fighter. Shorts, watch out for the upper cut.
Comment by Slimax on Nov 11, 2021 4:16pm
I added @ 5.54 , 5.55 and 5.56 I will keep buying (and when I will run out of cash I will sell my other reits : rei, sot, prv, nwh, btb...) In my opinion, MRT is the only reit right now that has the potential to double in the next 6-9 months.  0.02 (4%) dividend and they can afford 0.06 (12% at this current unit price) I think the pressure on the price will continue for few weeks (tax ...more  
Comment by Shirtlessnomore on Nov 11, 2021 10:40pm
One thing is for sure, some of those tickers you mentioned have completely stagnated, I have taken profit from a couple of those and more and moved on, HR.UN and MR.UN are a couple more, just doing nothing for months now while we definitely have much upside here. Cheers
Comment by Shirtlessnomore on Nov 11, 2021 10:35pm
A good sure fire upper cut is a dividend raise, 1-2 cents and shorts will run for their lives imo. Cheers
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