Morguard Real Estate Investment 5 25 convertible unsecured subordinated debentures T.MRT.DB.A

MRG.UN

[Shirtlessnomore]

Announced an increase to monthly cash distribution

[flamingogold]

We are still trading at April 2020 pandemic levels after the second distribution cut. MRT recently bought another load at $5.05. What do they see that many don't? So much negativity is priced in here that the slightest whiff of anything good will rocket launch this.

[flamingogold]

Correction... MRC bought. Regardless... all companies intertwined with Rai at the helm

[slst]

Hoping we get a Xmas present with even a modest increase in distribution.    Cash flow remains solid, however none cash value adjustments reduce earnings per share.  This scares some investors.  We are trading at less than 1/3 adjusted book value.  That's a bargain.   Good luck longs.