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

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

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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Comment by rad10on Oct 13, 2023 3:35pm

RE:Is it time to buy

I bought a few more today at 27.  Its too cheap. Do I think this is a great bank? - not really, but by every metric it is cheap.  Dividend is well covered and it is 6 and change with a 45 ...more  
Post by Ranger56on Oct 13, 2023 2:38pm

Is it time to buy

A few basic facts to consider: 5 Year Low:   25.74 (On Oct/26/20 a few days after news of New CEO appointment) Rania Starts: 26.90 (On Oct/30/20 day 1 with Rania as new CEO) Q3-2020 Report ...more  
Post by DeanEdmontonon Oct 12, 2023 9:41am

Latest Shuffle In the Executive Ranks

Reminds me of re-arranging the deck chairs on the Titanic. No new blood, promote and extend the mandates of exisiting people. Does not bode well for a successful turnaround. LB has tried this MANY ...more  
Comment by DeanEdmontonon Oct 11, 2023 10:25am

RE:RE:RE:RE:CEO and Chair Are Out ...

rad10 - When the Board Chair resigns in protest it was all shove and no jump getting rid of the CEO. The pro sale faction may well be in control, but that doesn't mean anyone wants to buy anything ...more  
Comment by rad10on Oct 10, 2023 6:26am

RE:RE:RE:CEO and Chair Are Out ...

Difficult to know how much jumping and how much pushing went down. They have brought in one of their better longer term executives as CEO, and the guy who now chairs the board was behind the ...more  
Post by rad10on Oct 10, 2023 6:04am

mediocre bank

Now ridiculously cheap. I would love to pay reasonable prices for great businesses - but I just can't help rummaging through the garage sales and thrift stores.............
Comment by rad10on Oct 10, 2023 6:00am

RE:RE:Out for combo of reasons

Now is the time to be doubling down on Laurentian.  Its frustrating that no deal was consummated, but the changes at the top are to get a deal done. The market has over reacted big time.  I ...more  
Comment by Northforce13on Oct 05, 2023 6:34pm

RE:Out for combo of reasons

BTW, BFH is P/E 3, P/B "Your welcome" to those who understand what all the above means and benefit as a result.  
Post by Northforce13on Oct 05, 2023 6:16pm

Out for combo of reasons

1:  Wanted to build my position in BFH, a U.S. bank that has been crashing and is under attack by shorts (I think), so took the tax loss on LB and moved funds into that, for the long term. 2 ...more  
Comment by Investing4Lifeon Oct 05, 2023 7:16am

RE:RE:CEO and Chair Are Out ...

Globe and Mail reporting that the chair wasn't axed. Rather, he resigned in protest over the firing of the CEO.
Comment by RayDonovan78on Oct 04, 2023 2:44pm

RE:CEO and Chair Are Out ...

Looks good on them, Thought they would take the easy way out and try to sell this TURD. It blew up in thier face big time.
Comment by DeanEdmontonon Oct 04, 2023 9:30am

RE:Took the tax loss

Norht - sorry for your loss. Even with guys I disagree with, I always hate to see retail investors lose money, especially large amounts of it. I REALLY hope you get it all back plus on the stocks you ...more  
Post by Northforce13on Oct 03, 2023 5:16pm

Took the tax loss

Sold most of my shares and took the tax loss, big ouch.  What a disaster upon disaster this has been. I moved into BFH, Bread Financial, long term hold, unlike LB which was a very rare hit or ...more  
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