Mainstreet Equity Corp. (T:MEQ)
Business Focus: Residential Real Estate Development
Sunny as of July 01, 2019
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Insider Filings
Latest 10 SEDI filings for MEQ within the last 6 months
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Company News
May 30, 2019 08:00 ET
Mainstreet Announces Normal Course Issuer Bid
CALGARY, May 30, 2019 /CNW/ - Mainstreet Equity Corp. ("Mainstreet" or the "Corporation") (TSX:MEQ) today announced that the Toronto Stock Exchange ("TSX") has accepted its notice of intention to make a normal course issuer bid to purchase outstanding common shares of the Corporation ("Shares") on the open market in accordance with the rules of the TSX.
May 14, 2019 07:30 ET
Mainstreet Equity Corp. Releases Q2 2019 Results
CALGARY, May 14, 2019 /CNW/ - Mainstreet Equity Corp. ("Mainstreet" or the "Corporation"), an add- value, mid-market consolidator of apartments in Western Canada, is announcing its operating and financial results for the quarter ended March 31, 2019.
Valuation Ratios
Industry
Sector
Beta
0.74
--
--
Price to Sales - TTM
4.09
2.87
7.39
Price to Book - most recent quarter
0.68
1.77
1.55
Price to Cash Flow per share - TTM
6.73
5.83
11.35
Price to Free Cash Flow per share - TTM
14.31
8.12
20.88
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Jun 30, 2019 | 183,222 | -2,185 |
| Jun 15, 2019 | 185,407 | -2,153 |
| May 31, 2019 | 187,560 | 4,170 |
Business Summary
| Sector: Financials | Industry: Real Estate Development & Operations |
Mainstreet Equity Corp. is a Canada-based real estate company, which is focused on the acquisition, redevelopment, repositioning and management of mid-market rental apartment buildings. The Company is engaged in multi-family residential housing. The Company operates in four Canadian markets: Vancouver/Lower Mainland, Calgary (including the City of Lethbridge and the Town of Cochrane), Edmonton (including the City of Fort Saskatchewan) and Saskatoon. The Company has approximately 10 properties in Surrey, British Columbia; over 10 properties in Abbotsford, British Columbia; approximately 120 properties in Edmonton, Alberta; over 30 properties in Calgary and Southern Alberta, Alberta, and approximately 50 in Saskatoon, Saskatchewan. The Company has approximately 9,900 units of investment properties. Its properties include 14831 & 14811 - 104 Ave/14840-105 Ave North, Surrey, British Columbia; 115 Avenue V N, Saskatoon, Saskatchewan, and 11343-124 Street, Edmonton, Alberta.
See business summary Sorry shorts, housing finance stocks make a comeback $HCG.CA $FN.CA $MEQ.CA https://www.canadianinsider.com/blog/sorry-shorts-housing-finance-stocks-make-comeback
Apr 04, 2019 02:14 pm
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