Mainstreet Equity Corp. (T:MEQ)
Business Focus: Residential Real Estate Development
Sunny as of April 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
Mar 29, 2019 19:15 ET
Mainstreet Equity Corp held Annual Shareholder Meeting on March 29, 2019
CALGARY, March 29, 2019 /CNW/ - Mainstreet Equity Corp. ("Mainstreet" or the "Corporation") (TSX:MEQ) is pleased to announce the results of the annual and special meeting of shareholders held on March 29, 2019 (the "Meeting"). The meeting had a very strong shareholder turnout with holders of approximately 89% of the issued and outstanding common shares represented in person or by proxy.
Mar 01, 2019 06:00 ET
Mainstreet Announces Exercise of Stock Options
CALGARY, March 1, 2019 /CNW/ - Mainstreet Equity Corp. ("Mainstreet" or the "Corporation") (TSX: MEQ) today announced that all of the holders ("Holders") of the Corporation's remaining outstanding incentive stock options ("Options"), each of which is a director or officer of the Corporation, have exercised their Options, at an exercise price of $5.51 per common share of the Corporation ("Common Share") in accordance with the terms of Mainstreet's stock option plan (the "Option Plan"). As a result of such exercise, Mainstreet has no options issued or outstanding, and as the Option Plan has ex
Valuation Ratios
Industry
Sector
Beta
0.85
--
--
Price to Sales - TTM
3.64
2.91
7.84
Price to Book - most recent quarter
0.58
2.46
1.61
Price to Cash Flow per share - TTM
5.84
7.82
10.15
Price to Free Cash Flow per share - TTM
12.77
10.40
21.58
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Apr 15, 2019 | 182,406 | 204 |
| Mar 31, 2019 | 182,202 | -11,826 |
| Mar 15, 2019 | 194,028 | 11,172 |
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 01:14 pm
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