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Bullboard - Stock Discussion Forum Canadian Banc Corp T.BK

Alternate Symbol(s):  CNDCF | T.BK.P.A

The Companys investment objectives are (i) to provide holders of Preferred Shares with cumulative preferential floating rate monthly cash dividends at a rate per annum equal to the Prime Rate plus 0.75%, with a minimum annual rate of 5.0% and a maximum annual rate of 7.0% (ii) to provide holders of Class A Shares with regular floating rate monthly cash distributions targeted to be at a rate per... see more

Bullboard (TSX:BK)

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Comment by Higherhopes2020on Sep 28, 2023 12:41pm

RE:RE:RE:BK unit nav to sept 27 AFTER dist. = $18.53

Thanks bought some @11.05.  Yield looks good and loner run over 6 years I should get my investment back in dividends..
Comment by Ganyman61on Sep 28, 2023 12:40pm

RE:RE:RE:BK unit nav to sept 27 AFTER dist. = $18.53

What method does Quadrevest use to calculate the NAV of the common shares of BK? 
Comment by royaltonon Sep 28, 2023 11:47am

RE:BK unit nav to sept 27 AFTER dist. = $18.53

Please explain how you arrive at the value of the common shares...I'm confused if the nav IS 18.53how can the value be 8.53?
Post by mousermanon Sep 28, 2023 9:22am

BK unit nav to sept 27 AFTER dist. = $18.53

So as it is ex-dividend date , BK lost about 1.01 off the unit nav when including distributions to preferreds and commons. Value of the commons then would be $$8.53...premium is much to high to be ...more  
Comment by oldbrit34on Sep 27, 2023 10:42pm

RE:I must be crazy

Not crazy EdP.......just rolling the dice.
Post by deisman03on Sep 27, 2023 5:06pm

re volume low

Comment by kurtwalteron Sep 27, 2023 10:42am RE:volume low So what are you suggesting? Selling at a dip? Buying at a dip? I sold before this tanked, luckily, then bought at the recent low ...more  
Post by deisman03on Sep 27, 2023 4:56pm

re crazy

You might just be crazy like a fox??? Without major banks, nothing, including smaller banks and insurance investments, real estate, research, oil and gas exploration and the list goes on can happen.& ...more  
Comment by ace1mccoyon Sep 27, 2023 1:17pm

RE:I must be crazy

Ed ,You're not the only one Crazy ... I bought more as well in the wife's tfsa !!  GLTA 
Comment by marketsenseon Sep 27, 2023 12:53pm

RE:volume low

Look,  its obvious financials are taking a beating and are out of favor.  So the question is do you avoid them or see it as an opportunity?  I tend to look at it more as a buying ...more  
Post by EdPaquetteon Sep 27, 2023 12:51pm

I must be crazy

I bought more BK today. 
Comment by kurtwalteron Sep 27, 2023 10:42am

RE:volume low

So what are you suggesting? Selling at a dip? Buying at a dip?
Post by mousermanon Sep 26, 2023 5:34pm

BK unit nav to Sept 26 = approx: $18.90 before DIST.

So commons have a value of about $8.67 after distributions are factored in. The selling today will make ex divvy date selling much less of an issue ... Even so the premium is still  $ 2.81 or ...more  
Post by deisman03on Sep 26, 2023 5:05pm

volume low

Don't grasp at straws with this one right now.  Low volume this close to ex dist day is NORMAL.  People hang on, often losing twice as much as the distribution they collected in the ...more  
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