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Mainstreet Equity Corp
Symbol: MEQ-T
Active: Y
Sector: property mngmnt/investment
Last Price: 7.750
Last Price Date: 2008-10-10 18:09:15
Globe 200 day average
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Experts that have talked about Mainstreet Equity Corp

PAST TOP PICK13.240Dennis Mitchell, CFA(Top pick, February 16, 2007. Down 29%) Not much has changed with their story. Had weakness in terms of their occupancy numbers. They assure they will be back on track by the end of this year. Would add at these levels.2008-03-24
PAST TOP PICK15.410Dennis Mitchell, CFA(A Top Pick Feb 16/07. Down 13.4%.) The only risk factor with this is the shortage of skilled labour in Western Canada, which they need for renovations on acquired properties. NAV is in the $20 range. Still likes and is still a Buy.2008-01-14
BUY15.000Dennis Mitchell, CFAOne of his favourite names. CEO owns about 40% of the company. They buy C & D multi-rent properties, primarily in Western Canada, and reposition them into B assets. Significant exposure in Edmonton. At $15, you are $4 or $5 below NAV. significant internal growth potential.2007-08-16
PAST TOP PICK18.420Dennis Mitchell, CFALikes still. The CEO owns 40%. 2007-05-05
TOP PICK18.370Kyle McKayA rapidly growing consolidator of mid-market apartments, primarily in Calgary and Edmonton. Increased their units from 300 in 1998 to over 5000.2007-03-19
TOP PICK17.790Dennis Mitchell, CFAMulti-residential play focused on Calgary, Edmonton, Surrey, Saskatoon and Toronto. Management, which owns 40% of the company, buys properties well below replacement costs, upgrades them and has increased rentals by 40%.2007-02-16
TOP PICK13.500Dennis Mitchell, CFAMulti-residential real estate operating Corporation. No distribution. Focuses on B and C properties in 4 locations. A tremendous net asset appreciation story.2007-01-19

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