posted June 30, 2022 06:36 pm by PileOfShit
(1094)
Jun 30 estimated ex-dividend combined NAV: 20.61, -0.64%. Preferred NAV: 10.00 (no dividend accrued). Premium: 0.03 for $10.03. Common NAV: 10.61, -0.13 (-1.24%). Premium: 3.06 (28.8%) for
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posted June 29, 2022 10:58 pm by EdPaquette
(580)
The main danger of a big premium is that an overnight offering eats it up. bk did one recently and they normally space them at least 3 months apart. Why anyone would pay 27% more than
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posted June 29, 2022 08:32 pm by Experienced
(506)
Yep Why anyone would pay 27% more than something is worth is beyond me. Buying this stock at these valuations is highly risky.
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posted June 29, 2022 07:19 pm by PileOfShit
(1094)
Jun 29 estimated ex-dividend combined NAV: 20.75, +0.06%. Preferred NAV: 10.00 (no dividend accrued). Premium: 0.07 for $10.07. Common NAV: 10.75, +0.01 (+0.09%). Premium: 2.97 (27.7%) for
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posted June 28, 2022 05:12 pm by mouserman
(1539)
Up 1.75%, while the NAV didnt go up anywhere near that much. However it was a positive day in that 4 of the big 6 CAD banks were up on the day. Obviously some were switching out of non divvy
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posted June 28, 2022 05:01 pm by PileOfShit
(1094)
Jun 28 estimated combined NAV: 20.96, +0.07%. Preferred NAV: 10.04 (all of 0.04167 monthly dividend accrued). Premium: 0.05 for $10.09. Common NAV: 10.92, +0.01 (+0.14%). Premium: 3.06 (28
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posted June 27, 2022 05:04 pm by PileOfShit
(1094)
Jun 27 estimated combined NAV: 20.95, +0.63%. Preferred NAV: 10.04 (all of 0.04167 monthly dividend accrued). Premium: 0.05 for $10.09. Common NAV: 10.91, +0.13 (+1.21%). Premium: 2.83 (26
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posted June 27, 2022 04:25 pm by deisman03
(20)
At this stage in the cycle, you might be better off just playing swings, instead of looking for distributions. We need to do our own due diligence on this of course. Most banks and
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posted June 27, 2022 02:49 pm by Kadiddelhopper
(166)
Had a sneaky under-bid early this morning, but was not filled...may try tomorrow again, and if not , Will live to see another Day1..THere are other places for Divs, after all.
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posted June 27, 2022 02:42 pm by mouserman
(1539)
Certainly seems BK was a buy in the low 13$ range, was not expecting the banks to rebound here this week. Ah well mostly in cash , and feeling ok about it.... CAD banks all green today, and the
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posted June 24, 2022 06:08 pm by deisman03
(20)
Mortgage holders can walk away, if the bank agrees to a minor settlement or the courts decide the bank has to suck up the loss. It happens regularly and when push comes to shove, it mostly isn&
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posted June 24, 2022 05:55 pm by deisman03
(20)
Just like in the US, Canadian Banks have to pass regular stress tests, which include relativley modest interest rates. Comparing a 1980 rate to a 2022 rate, along with mortgage amounts doesn
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posted June 24, 2022 05:24 pm by EdPaquette
(580)
Yes I share those concerns. Mortgage repos shouldn't cost banks too much since debtors are still on the hook and can't walk away in Canada. For others who pay their mortgage, banks get
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posted June 24, 2022 05:05 pm by PileOfShit
(1094)
Jun 24 estimated combined NAV: 20.79, +0.62%. Preferred NAV: 10.04 (all of 0.04167 monthly dividend accrued). Premium: 0.02 for $10.06. Common NAV: 10.75, +0.12 (+1.11%). Premium: 2.67 (24
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posted June 24, 2022 04:28 pm by Donwaan
(76)
Greetings Ed...this is from a newsletter writer I subscribe to. Do you or anyone else share these concerns? Canadian banks are going to get into trouble with their large mortgage exposure on housing
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posted June 24, 2022 12:34 pm by EdPaquette
(580)
The stock market looks forward 6 months and we are 6 months away from Christmas. I believe we are bottoming here in the summer so it's upwards from here. What does everyone else think?
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posted June 24, 2022 12:10 am by PileOfShit
(1094)
Jun 23 estimated combined NAV: 20.63, -2.30%. Preferred NAV: 10.03 (3/4 of 0.04167 monthly dividend accrued). Premium: 0.01 for $10.04. Common NAV: 10.60, -0.49 (-4.38%). Premium: 2.84 (26
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posted June 22, 2022 07:02 pm by PileOfShit
(1094)
Jun 22 estimated combined NAV: 21.11, -1.13%. Preferred NAV: 10.03 (3/4 of 0.04167 monthly dividend accrued). Discount: 0.00 for $10.03. Common NAV: 11.08, -0.24 (-2.13%). Premium: 2.61
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posted June 21, 2022 07:07 pm by PileOfShit
(1094)
Jun 21 estimated combined NAV: 21.36, +0.04%. Preferred NAV: 10.03 (3/4 of 0.04167 monthly dividend accrued). Discount: 0.00 for $10.03. Common NAV: 11.33, +0.01 (+0.08%). Premium: 2.50
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posted June 20, 2022 05:01 pm by PileOfShit
(1094)
Jun 20 estimated combined NAV: 21.35, +1.34%. Preferred NAV: 10.03 (3/4 of 0.04167 monthly dividend accrued). Discount: 0.01 for $10.02. Common NAV: 11.32, +0.28 (+2.56%). Premium: 2.45
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