Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
Comment by dbeaudeon Dec 13, 2013 1:15pm
293 Views
Post# 22003839

RE:RE:RE:Here is the jig with Bankers.......

RE:RE:RE:Here is the jig with Bankers.......I disagree with you himmler. I doubled my position when this stock was getting hammered and glad I did and did not sell a share.
The the TSX is under significant pressure of late and crude is off substantially today and Bankers is up 7%.
The stock has plenty of growth left as the company exploits 226 million barrels of reserves and 5 billion bbls of resource.
Just because the company give a guidance of 10-15% for production growth does not mean it will not achieve surprises to the upside with 6 rigs drilling 160 primary production and reserves wells.
The stock has a number of significant catalysts with the main one being beating its production growth guidance AGAIN next year and ending the year pumping 23000 bbls per day.
I am not sure what the heck you are even talking about as Bankers was up nearly 100% this year.
Bullboard Posts