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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

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Post by Shirtlessnomore on Mar 22, 2022 10:34am

This thing is an aggravating POS

Like honestly?? I was buying MR.UN at 3 bucks and in fact even 2.80, it has consistently recovered with dividend bumps now to 7.60. Lots of buybacks from company, this dung beetle is about 30 cents higher than the 52 week low, everything getting back to normal, no support from the company, nothing but dividend cuts, tons of shorts, this sh1tpile is literally 2 bucks lower than its 52 week high with a sh1t dividend for a reit. It is STILL over $7 down from pre BS level, that's down more than the damn thing is even trading for????
Comment by flamingogold on Mar 23, 2022 9:48am
I believe this has all the bad news baked in and all it will take is a bump to the payout and we are off. If you don't need the capital invested here, just let it ride.
Comment by Shirtlessnomore on Mar 23, 2022 9:53am
I do agree with you flamingo, just frustrating as hell to watch everything continue to recover and this just laying 2 cent eggs up and down. Now somehow moved half the daily volume in 15 minutes this morning but of course no news.