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Big Banc Split Corp T.BNK

Alternate Symbol(s):  T.BNK.PR.A

The investment objectives for the Preferred Shares are to provide their holders with fixed cumulative preferential monthly cash distributions in the amount of $0.05 per Preferred Share ($0.60 per annum or 6.0% per annum on the issue price of $10.00 per Preferred Share) until November 30, 2023 (the Maturity Date) and to return the original issue price of $10.00 to holders on the Maturity Date. The Company will invest on an approximately equally-weighted basis in Portfolio Shares of the following publicly traded Canadian banks: Bank of Montreal; Canadian Imperial Bank of Commerce; National Bank of Canada; Royal Bank of Canada; The Bank of Nova Scotia; and The Toronto-Dominion Bank. The Portfolio will generally be rebalanced on a quarterly basis, starting on September 30, 2020, so that as soon as practicable after each calendar quarter the Portfolio Shares will be held on an approximately equal weight basis.


TSX:BNK - Post by User

Bullboard Posts
Post by crash16on May 19, 2012 2:05pm
294 Views
Post# 19928891

previous predictions on bnk

previous predictions on bnk

STRONG BUY    8.610   l    Really likes this one. A total no brainer if you are a bull on oil prices. Sitting on a multi, multi billion heavy oil field in Albania. Game plan is to prove up reserves, grow production and sell the company. Worth $14 a share on $100 oil.

then on 2012/05/16 we get this analysis:DON'T BUY    2.360   Any time management does not know what is going on under ground, he stays away. Has not met production guidance for 3 years in a row.

if investors do the opposite of what these guys say you should do well.unless i am missing something on how analysts come to there conclusions.extreme due diligent investing........good luck

Bullboard Posts