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Bullboard - Stock Discussion Forum Laurentian Bank of Canada T.LB.PR.H


Primary Symbol: T.LB Alternate Symbol(s):  LRCDF | LAUCF

Laurentian Bank of Canada (the Bank) is a Canada-based provider of financial services to its personal, commercial and institutional customers. The Bank operates in Canada and the United States. Its segments include Personal Banking, Commercial Banking and Capital Markets. The Personal Banking segment caters to the financial needs of retail clients. The Commercial Banking segment caters to the... see more

Bullboard (TSX:LB)

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Post by jennifer8on Feb 02, 2024 7:06pm

Market Call , January 31, 2024

any thought on paul harris  comments on laurentian bank  Full episode: Market Call for Wednesday, January 31, 2024 - Full episode: Market Call for Wednesday, January 31, 2024 (bnnbloomberg ...more  
Post by rad10on Feb 02, 2024 4:48pm

LB Payday

LB payday was Feb 1st.  DPP at 43# of book value........   is Gin OClock baby!
Comment by rad10on Feb 02, 2024 3:23pm

RE:RE:RE:RE:RE:RE:Financial Post article headline today

Your memory is good.  It was a lowball bid that triggered the whole exercise.  All good.  No MMSE required!  Have a great weekend.
Comment by rad10on Feb 02, 2024 3:21pm

RE:RE:RE:RE:Took the tax loss

Its all about the price, and the price to book.  Not much has to go right for this to work out very well indeed.
Comment by rad10on Feb 02, 2024 3:18pm

RE:RE:RE:RE:RE:Financial Post article headline today

LB received an unsolicited lowball bid - this is what triggered the review.  Just a fact - nothing more. Don't understand why you get so angry - its only a stock, not a high school crush  ...more  
Comment by Northforce13on Feb 02, 2024 2:08pm

RE:RE:RE:Took the tax loss

Nothing has changed, as you  stipulate.  I think I'm hoping to see something change, because it would not require much for this to be a good investment at this price.  I still ...more  
Comment by Northforce13on Feb 02, 2024 2:05pm

RE:RE:RE:RE:RE:Financial Post article headline today

You are claming there were no bids as an operating entity   Nowhere did I see LB say that, though I'm going off of memory.  It was perhaps said speculatively by others and thereafter ...more  
Comment by DeanEdmontonon Feb 02, 2024 12:47pm

RE:RE:RE:RE:Financial Post article headline today

You are spreading revisionist history. There were no bids for it as an operating entity and Laurentian didn't want to sell just their loan and deposit book. No bids for it as an operating entity ...more  
Comment by DeanEdmontonon Feb 02, 2024 11:40am

RE:RE:Took the tax loss

Remember, this was only Oct 2023. What has changed at LB to make them a good investment.
Comment by rad10on Feb 02, 2024 11:07am

RE:New Press Release - Laurentian Bank of Canada declares dividend on its preferred shares

Yep getting paid handsomely, and this one resets in a few short months - effective yield will be double digits on current cost basis if GOC 5 year stays put.
Comment by DeanEdmontonon Feb 02, 2024 2:17am

RE:RE:Financial Post article headline today

You are right, I do not like this Bank. It is the worst run Bank in Canada and has been for 20 years. It makes Credit Unions look competent. CWB is head and shoulders better run than LB. I see no ...more  
Post by Northforce13on Feb 02, 2024 12:39am

Dividend safety

I'm really wondering if the dividend is safe.  Their last Q earnings were weak, and they claim a bunch of writeoffs etc., but it seems like EVERY quarter they have mass restructuring costs or ...more  
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