Bullboard - Stock Discussion Forum 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... see more

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TSX:BNK - Post Discussion

Big Banc Split Corp > Hedging for 2016?

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Post by JazzyJ1 on Jan 12, 2016 10:48am

Hedging for 2016?

Just looking at this stock now...any idea as to their hedging tactics? Oil is heading lower but this one looks interesting for a buy within the next couple of months.

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Comment by lefmike on Jan 12, 2016 11:03am

Another phuking guru, do your own research if you have such an opinion. Hw on one breath you say one thing then ask such a basic stupid question scheeech

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Comment by JazzyJ1 on Jan 12, 2016 11:28am

Listen you dumbb phuking moron...learn to understand english...I implied that I will be looking at this in the future as oil prices come down further. Sorry you lost your pants on this one...I ve waiting for a few years to pick this one up. I must excuse your lack of sensibilty as you sound like a real inbread, chromosal deficent goof. Go jump into a cesspool you ogrette.

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Comment by wallop13 on Jan 12, 2016 11:30am

They have a very small hedge in place. They are still cash flow positive at $30 oil. Any further fall in oil is just panic. The market will fix it self pretty quick now. I never felt good when everyone was forcasting higher oil, it seemed like it made the oil co's ignore what was happening. Now look, everyone panics, even Iran is back tracking. Watch production drop off a cliff ...more

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Big Banc Split Corp