Investment Q&A

• Morguard Corporation (MRC $115.84)
  • $115.84 P/E (TTM): 7.04X Cap: $1.23B
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Q: Yesterday MRC traded up to $ 214.00 and today has fallen back to 200.00 What would cause this ? It happened a few months ago as well. Would it be someone putting in a buy at market order for this very thin trader. What are your thoughts on MRC. RAK

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Read Answer Asked by bob on December 19, 2019

• Morguard Corporation (MRC $115.84)
  • $115.84 P/E (TTM): 7.04X Cap: $1.23B
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Q: What does Morguard see in PLZ.UN as an investment when
shopping centers seem to be under so much pressure?Is this a contrary strategy or the sign of low interest rates?

Thanks
Bob Rose

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Read Answer Asked by Robert on November 25, 2019

• Morguard Corporation (MRC $115.84)
  • $115.84 P/E (TTM): 7.04X Cap: $1.23B
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Q: I read the report that you just published on MRC and am very intrigued.

What strategies are available to Morguard in order for their stock price to realize their NAV or book value?

Do you see them taking any of these actions in order unlock their value?

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Read Answer Asked by Stewart on May 06, 2019

• Morguard Corporation (MRC $115.84)
  • $115.84 P/E (TTM): 7.04X Cap: $1.23B
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Q: Hi Team,
I know your focus is equities. I would appreciate any thoughts you may have about the risk of buying Morguard's 5 year corporate bonds on offer to retail investors? They would be part of a diversified 5 year bond ladder of corporates rated BBB or higher.
Many thanks. Michael

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Read Answer Asked by Michael on March 08, 2019

• Morguard Corporation (MRC $115.84)
  • $115.84 P/E (TTM): 7.04X Cap: $1.23B
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• Mainstreet Equity Corp. (MEQ $180.59)
  • $180.59 P/E (TTM): 6.07X Cap: $1.68B
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Q: Hi guys
This recent option exercise at Mainstreet does not seem to be in the interests of shareholders other than Bob Dhillon.
http://reitreport.ca/mainstreet-announces-exercise-of-stock-options/

Your thoughts? Is it anything less than standard? I would see less issues if other directors had also been involved but it would appear to involve just the principle owner of stock.

I have held Mainstreet for quite a while. Other than a sale of the company, is there anything else that could move the stock price closer to book value?

I also own Moreguard and am considering selling MEQ for Moreguard - your thoughts.

Thanks guys

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Read Answer Asked by Stuart on March 04, 2019

• Tricon Residential Inc. (TCN $15.34)
  • $15.34 P/E (TTM): 28.0X
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• Morguard Corporation (MRC $115.84)
  • $115.84 P/E (TTM): 7.04X Cap: $1.23B
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• Madison Pacific Properties Inc. (MPC $4.61)
  • $4.61 P/E (TTM): 10.86X Cap: $274M
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• Genesis Land Development Corp. (GDC $3.35)
  • $3.35 P/E (TTM): 4.96X Cap: $191M
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Q: What are your thoughts on MPC? I am trying to find a small cap real estate, non reit company that is growing their real estate rental units with reasonable dept. levels. I would prefer investment back into the company over a large dividend. Do you have any other names I can look into?
Thanks!

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Read Answer Asked by Derek on July 24, 2018

• Morguard Corporation (MRC $115.84)
  • $115.84 P/E (TTM): 7.04X Cap: $1.23B
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Q: What is your opinion on Morguard as a REIT play? Thinking of buying income property, but someone suggested this stock instead.

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Read Answer Asked by Tim on July 16, 2018

• Morguard Corporation (MRC $115.84)
  • $115.84 P/E (TTM): 7.04X Cap: $1.23B
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Q: Could you assess this company and potential growth. It has performed well over the past 9 years. Can it sustain this trend given interest rates and it's debt load.

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Read Answer Asked by Greg on June 14, 2018

• Tricon Residential Inc. (TCN $15.34)
  • $15.34 P/E (TTM): 28.0X
  • View TCN Profile
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• Morguard Corporation (MRC $115.84)
  • $115.84 P/E (TTM): 7.04X Cap: $1.23B
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Q: Both on the Toronto stock Exchange but TCN invests more in the US.
Please compare the two.
An investor heading into retirement.

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Read Answer Asked by Doug on June 04, 2018

• Pembina Pipeline Corporation (PPL $61.72)
  • $61.72 P/E (TTM): 22.31X Cap: $35.98B
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• AltaGas Ltd. (ALA $48.68)
  • $48.68 P/E (TTM): 19.72X Cap: $15.22B
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• Algonquin Power & Utilities Corp. (AQN $8.74)
  • $8.74 Cap: $6.71B
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• Enbridge Income Fund Holdings Inc. (ENF $31.88)
  • $31.88 P/E (TTM): 5.5X
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• Alaris Equity Partners Income Trust (AD.UN $22.25)
  • $22.25 P/E (TTM): 11.53X Cap: $1B
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• Tricon Residential Inc. (TCN $15.34)
  • $15.34 P/E (TTM): 28.0X
  • View TCN Profile
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• Morguard Corporation (MRC $115.84)
  • $115.84 P/E (TTM): 7.04X Cap: $1.23B
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• KP Tissue Inc. (KPT $11.05)
  • $11.05 P/E (TTM): 12.94X Cap: $110M
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• Hydro One Limited (H $58.57)
  • $58.57 P/E (TTM): 26.7X Cap: $35.12B
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Q: I will be retiring at the end of the year.
My theory is that inflation is about to rise at a quicker rate than it has recently.
The listed securities are in my portfolio and are hurt by rising interest rates.
Which ones would you suggest that I lighten up on.
Which ones would be a hold.

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Read Answer Asked by Doug on June 04, 2018

• Morguard Corporation (MRC $115.84)
  • $115.84 P/E (TTM): 7.04X Cap: $1.23B
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Q: we have fcr first capital realty in a taxable account. Small gain. would it make sense to switch to Morguard, in a view to minimize dividends, re claw back, and may be have superior growth opportunity.

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Read Answer Asked by francois on May 22, 2018

• Morguard Corporation (MRC $115.84)
  • $115.84 P/E (TTM): 7.04X Cap: $1.23B
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Q: Hi team,

Any thoughts or comments on morguard corps Q1 results?

Thanks

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Read Answer Asked by Keith on May 10, 2018

• Morguard Corporation (MRC $115.84)
  • $115.84 P/E (TTM): 7.04X Cap: $1.23B
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Q: Could you please provide the NAV for MRC.
Thanks
Bob Rose

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Read Answer Asked by Robert on April 16, 2018

• Bank of Nova Scotia (The) (BNS $99.74)
  • $99.74 P/E (TTM): 18.9X Cap: $122.92B
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• Sun Life Financial Inc. (SLF $91.31)
  • $91.31 P/E (TTM): 14.44X Cap: $50.58B
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• Methanex Corporation (MX $80.06)
  • $80.06 P/E (TTM): 57.12X Cap: $6.58B
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• Magna International Inc. (MG $79.85)
  • $79.85 P/E (TTM): 18.75X Cap: $22.50B
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• goeasy Ltd. (GSY $31.94)
  • $31.94 P/E (TTM): 2.39X Cap: $530M
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• Morguard Corporation (MRC $115.84)
  • $115.84 P/E (TTM): 7.04X Cap: $1.23B
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Q: Which stocks in your opinion are undervalue and buy able today

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Read Answer Asked by Nizar on March 21, 2018

• Linamar Corporation (LNR $87.17)
  • $87.17 P/E (TTM): 8.53X Cap: $5.18B
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• Magna International Inc. (MG $79.85)
  • $79.85 P/E (TTM): 18.75X Cap: $22.50B
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• goeasy Ltd. (GSY $31.94)
  • $31.94 P/E (TTM): 2.39X Cap: $530M
  • View GSY Profile
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• Morguard Corporation (MRC $115.84)
  • $115.84 P/E (TTM): 7.04X Cap: $1.23B
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• Clairvest Group Inc. (CVG $76.18)
  • $76.18 P/E (TTM): 14.35X Cap: $1.04B
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• ECN Capital Corp. (ECN $3.08)
  • $3.08 P/E (TTM): 37.62X Cap: $867M
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Q: Peter Lynch amassed a fortune investing in undervalued growth stocks. I currently own LNR & GSY. Can I get some other names that you would consider good GARP stocks?
Thanks in advance.

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Read Answer Asked by David on March 13, 2018

• Magna International Inc. (MG $79.85)
  • $79.85 P/E (TTM): 18.75X Cap: $22.50B
  • View MG Profile
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• goeasy Ltd. (GSY $31.94)
  • $31.94 P/E (TTM): 2.39X Cap: $530M
  • View GSY Profile
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  • View Reports on GSY
• Morguard Corporation (MRC $115.84)
  • $115.84 P/E (TTM): 7.04X Cap: $1.23B
  • View MRC Profile
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• ECN Capital Corp. (ECN $3.08)
  • $3.08 P/E (TTM): 37.62X Cap: $867M
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Q: Hi, what stocks look undervalued this week one should consider picking up?

Thanks
Kim

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Read Answer Asked by Kimberely on March 13, 2018

• Morguard Corporation (MRC $115.84)
  • $115.84 P/E (TTM): 7.04X Cap: $1.23B
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Q: Greetings,
MRC announced what looked like great results and yet the stock has done nothing. Anything i am missing here?

Thanks

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Read Answer Asked by kelly on February 27, 2018

• Morguard Corporation (MRC $115.84)
  • $115.84 P/E (TTM): 7.04X Cap: $1.23B
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Q: Big drop in the stock today but i have seen nothing that would account for this. Have i missed something here. Seems like a pretty big drop for no news. Your thoughts?

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Read Answer Asked by kelly on February 13, 2018

• Morguard Corporation (MRC $115.84)
  • $115.84 P/E (TTM): 7.04X Cap: $1.23B
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Q: Morguard has continued to acquire MRT.UN stock.Is this a sound strategy and what is the end game,going private?

Thanks Bob Rose

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Read Answer Asked by Robert on January 12, 2018

• Transcontinental Inc. Class A Subordinate Voting Shares (TCL.A $5.85)
  • $5.85 P/E (TTM): 2.68X Cap: $484M
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• Morguard Corporation (MRC $115.84)
  • $115.84 P/E (TTM): 7.04X Cap: $1.23B
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• Reitmans (Canada) Limited (RET.A $1.85)
  • $1.85 Cap: $112M
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• Torstar Corporation Class B Non-voting Shares (TS.B $0.74)
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• ECN Capital Corp. (ECN $3.08)
  • $3.08 P/E (TTM): 37.62X Cap: $867M
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Q: Suggestions for value stocks, any industry, and under 2 billion market cap? Thanks.

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Read Answer Asked by Tyler on December 19, 2017