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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

TSX:LB - Post Discussion

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Post by Northforce13 on Aug 30, 2023 4:03pm

Glass Hands

Bought more into the close @38.12

Got glass hands here lol, not a huge amount of conviction a deal will happen.  50/50?

Most probable PR = something like "the strategic review is ongoing" or somesuch.

If they acknowledge that numerous parties are interested and/or they have received offers, the SP should pop.

Interesting times

GLTA
Comment by Curious777 on Aug 30, 2023 4:18pm
Interesting times indeed... A bank is based on its credibility. 3000 jobs on the line. CDPQ already owns 8%, and 2MM$ is simply peanuts for CDPQ to save so many jobs. I bet on the fact that a crash landing is simply politically unacceptable... Que sera sera!  
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