Canadian Western Bank T.CWB

Buzz on the Bullboards: From innovating traffic enforcement to cancer breakthroughs

[Jonathon Brown]

The past week on the TSX has been one for the books, with significant gains driven largely by advancements in the technology sector. read article.

[naissance17]

(Toronto) Le principal indice boursier canadien a cloture en baisse, mercredi, dans un declin generalise. Mis jour hier 17h49      

[Red_Deer]

Hey PACKER__You Posted ""JUST PAY the Taxes"" and Smile/BE Happy eh Trouble IS that My TAX $$$$ Would BE Going to a Government WHICH Has TOTALLY LOST My Confidence IN Prudent USE

[naissance17]

«La grande question est de determiner si la Banque Nationale paye une prime trop importante. 100%, elle est sans doute trs elevee. Toutefois, en creusant un peu, on constate que le prix paye est

[packerdriver]

"Stupid post"?...You sound like you might be a financial advisor or tax lawyer.....;););) I'll first say that I'm only dealing with the federal tax here. Provinces all have

[emiltech]

NA should waste no time buying LB. Some 54 $ per share should do the job.

[tylerreddick]

That was a pretty stupid post.

[packerdriver]

I must admit to having a bit of a chuckle at all the worrying about if it's dividends or capital gains related to the CWB/NA combination.....Who cares? I remeber a lawyer telling me once: "

[naissance17]

https://www.lapresse.ca/affaires/entreprises/2024-06-17/acquisition-de-la-banque-canadienne-de-l-ouest/le-projet-de-la-banque-nationale-suscite-la-prudence-malgre-des-appuis.php

[tylerreddick]

The capital gain would be almost $2, with another $1.20 in dividends, for a total gain of over 13% in 6 months, 26%/annum. There really aren't too many risk-free investments out there with that

[gassygeezer]

over the years revolves between these banks, hopefully National keeps thier current roster and dump the old guard/mgmnt at CWB

[emiltech]

Except for NA. Could be a huge hit for it if CWB spread strongly everywhere west of Qc! And then east of Qc.

[tylerreddick]

But no, the details won't be out before they issue the management information circular on the deal. The only risk is that the deal doesn't go through, and buyers would be "stuck"

[tylerreddick]

Not sure you are correct on the payment being a dividend. If they are redeemed, that would be a capital gain.

[Puma1back]

  has that detail been confirmed in the details of the purchase agreement? If so, that is a neat idea! caution though, should the actual issuer (CWB) redeem the shares you need to sell them

[tylerreddick]

CWB will redeem the preferred shares at par, $25 per share. So buying them today will give an 8% capital gain in a few months, plus whatever dividends are paid out until then. Not a bad return for a