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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

Comment by lefmikeon Mar 17, 2016 11:21am
135 Views
Post# 24669767

RE:Braincloud = pumper

RE:Braincloud = pumperYa know, I have been in on BNK for a number of years.  Been here much longer than BC  I got out at one point  got burned real bad with another couple Oil Co's  been back in on BNK since the 3's.  BC has been around for years as I mentioned, he's no pumper,  yes he has a very sizable investment in this company he's made his bed and he's sleeping in it.
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What a lot of you very intellegent stock guru's fail to realize,  is that for every silly comment you make kicking this equity, another silly comment opposite can be found.  
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You talk about BNK will POSSIBLY go to the 3's again when oil goes back to the 100's...
When oil was in the 100's,  BNK was trading in the 5's or higher so yeah things can and eventually will improve.  
Those that argue BNK isn;t a good investment are probably correct for now,
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Those that argue the opposite are correct also,  just different timing I suppose.  As far as your bashing BC and calling him a pumper,  he's constantly providing data you assaulters never seem to provide.  you talk-insult,  talk-insult and make all kinds of statements and so very seldom provide backup to those statements.
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Just a little tired of reading all this sheit posted regarding personal attacks.... 
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