Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

View:
Post by Predator2018 on Jan 08, 2024 2:34pm

MRC Sold Hotels for above $400 Million

After repayment of mortgage, MRC would have more than $350 million excess cash. MRC has been buying MRT shares and owns more than 70%. This is highly bullish signal for MRT.

MHO
Comment by flamingogold on Jan 09, 2024 12:18pm
What's a fair buyout price here? Armoyan owns 10% where the majority of buys were sub $5.30. What are the chances of a lowball offer by MRC and does Armoyan even have the weight to challenge one?
Comment by Phoenix2013 on Jan 20, 2024 2:10pm
Considering that the Armoyan's now own in excess of 7 Million shares.  MRC and its affiliates own in excess of 53 Million shares.  There are around 3 Million shares available.   And almost every day we see an eventful volume being sold and purchased.   I've been holding MRT. UN for about 15 years and enjoyed the distribution of .08c a share for years.   I was ...more  
Comment by luscar99 on Jan 24, 2024 10:58pm
This post has been removed in accordance with Community Policy