Canadian Banc Corp T.BK

BK unit nav to FEB 28 = approx: $21.18 before distributions.

[mouserman]

So a loss of 43 cents of the unit nav that was reported on Feb 15, means the commons have a value of 10.94 after distributions are taken for commons and preferreds.
last trade @ 13.66 means the premium is $2.72 or about  24.8%

[Donwaan]

As BK has recently completed an offering and has such a huge NAV cushion above $15 is it still an attractive option even at a 24.8% premium?

[deisman03]

I know your question was directed at mouserman but IMHO, this trust's units will continue to drop in price as valuations drop and NAV increases from here.  As far as another PO right now, I don't believe it will happen so quickly butttttttt???????? I'm a bit gunshy with the markets and have been for quite a while now.  Constant government manipulations have created a real

[waltertoronto]

BK dropped quite a few percent over the last few days, maybe because the banks' earnings were not very good and they dropped up to 4 or 5%. Whether you want to hold depends on whether you are hoping for capital gains or dividends. BK's dividend seems to be safe but its share price sucks. However, I expect the banks will recover over the next 3-6 months. In the meantime, if you are looking

[EdPaquette]

Zeb is equal weight Canadian banks.  It has dropped 0.8% in the last 5 days.