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

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TSX:MRT.DB.A - Post Discussion

Morguard Real Estate Investment 5 25 convertible unsecured subordinated debentures > Shorts Continue to Close

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Post by Mrguillaume on May 06, 2022 11:15am

Shorts Continue to Close

April 30th short report - The shorts bought 416,428 shares April 16-30 and now hold 1.73 million shares short.

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Comment by WanTBe1 on May 06, 2022 12:14pm

What we need here is an &8.00 takeover offer or more.

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Comment by Mrguillaume on May 06, 2022 2:14pm

I hope not! I want to see this through to full valuation. There are some wonderful properties in this portfolio. For example, the class A buildings at 9ave SW leased to Obsidian which is 7.8% (SF) of the entire portfolio. When this renews in 2025, FFO per share will jump approx. $0.15 annually. MRT has the lowest FFO/sh price in the REIT universe. Even the “problem” shopping centre St. Laurent ...more

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