Investment Q&A

Q: Hello 5i Team

Finally Melcor Developments (MRD) has offered to take Melcor REIT (MR-UN) private at $4.95 with a closing date of late Q4 2024.

I note there is a one month "go shop" for MR-UN to possibly find a better deal, however with MRD owing ~55 %; MRD being the manager of the REITs properties; and the year long Strategic Review Process - is it even a possibility that MR-UN could find another buyer?

With MR-UN trading ~$4.80 should I sell my holdings and move onto another REIT? With only a 3 % difference I think there are other opportunities in the REIT space to replace MR-UN.

What would be 5i top names in the REIT space to replace MR-UN (can be a different sub-sector from MR-UN's operations).

Thanks

Q: In the US last week, there was a landmark agreement with the National Realtors Association that should change the way commissions are determined across the board. There should be more competition with lower commissions. Can you comment on how the decision and the new direction might impact the housing market here in Canada and what impact it may have on companies in the real estate buy/sell market? What companies might be affected? How big might the impact be? Who could be winners and losers?

Q: With a record immigration numbers and very few pre-construction sales due to the spook that high rates have put into real estate investors, there is a massive shortage of new housing units that has yet to be felt by the market (in my opinion). I think this is a uniquely Canadian problem and wonder if you see any companies poised to outperform when rates are falling and housing starts begin to pick up? Could you name 3-4 companies that would benefit in different ways when the shortage of available housing starts to translate into a rapid increase in units built?

Q: I tend to favor value investing. which would you prefer?

Q: looking at some names where tricon money may flow to.
-notice several bank analysts research reports on tricon have peers :
bdi, svi, mrd, meq, drm. would like your thoughts please.
thank you

Q: If I wanted to stay in the real estate sector what are your current favorite candidates to re-invest proceeds when selling my TCN holdings

Q: would like your opinion buy,sell,hold

Q: Hello 5i Could you comment on MR.UN as the share price has been at a low price for awhile and the possibility and wise decision for MRD to takeover MR.UN

Q: Would appreciate an updated opinion of MRD stock. Does the dividend payout look safe?
Thanks!

Q: Could I have your opinion on the quality of management and long term prospects of these companies. Thanks

Q: i would like your opinion on Melcor. Sell or hold? thank you.

Q: Morning,
What are your current and forward looking views on MRD? Your comments always valued.
Thanks

Q: I am interested in finding a few housing construction / housing sales related companies with good regional exposure to the GTA. Do you know of any such companies that exist? Thank you,

Q: What are your views on this company?