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Laurentian Bank of Canada T.LB

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

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 financial needs of business clients across Canada and in the United States and provides commercial banking, real estate financing, and equipment and inventory financing. The Capital Markets segment provides a range of services, including research, market analysis and advisory services, corporate underwriting for debt and equity, and administrative services. The Bank's clients can access its offering of financial advice, products and services through a network of branches in Quebec. The Bank offers a digital direct-to-customer platform to all Canadians. The Bank has approximately 57 branches.


TSX:LB - Post by User

Comment by Red_Deeron Feb 01, 2024 3:24pm
46 Views
Post# 35857887

RE:RE:RE:bookvalue

RE:RE:RE:bookvalueHey RAD__This DeanEdmonton IS NOTORIOUS for This Kind of ABUSE !!!!

As EXAMPLE__The ""DEAN"" Actually PREDICTED BankRuptcy for
Parkland - PKI in November, 2022 when PKI was just a Tad Below $25__And
NOW @ Almost $66__One of the BEST Peformers in 2023 !!!!!!

Have NO Idea WHY AnyOne would Spend SO MUCH TIME Cruising Around the 
BullBoards__JUST to BASH Ones Which DOES NOT OWN ????

rad10 wrote:

DeanEdmonton wrote: Apparently zero since it failed to attract a bid of any kind. No one wanted it as a going concern, even with the Union gone. If you can only sell your actual loan and deposit books/balances, then effectively your Bank is worth the net difference in the two, which would not be a hell of a lot.
jennifer8 wrote: hi  what is the believed bookvalue?




 

come on Dean !  We know you don't like this bank - and yes it's a pig, but zero?

Big dividend and trading at 43% of book.  Lots of potential upside.  Sure - we won't get the full 62 bucks, but very little has to go right for it to start trading like Canada Western at 72% of book.  (44 bucks for LB).

Collect the fat dividend, hope the new CEO is half as good as they claim, stock should migrate upwards.  

Buyout from one of the bigger / better banks or Desjardins would be a bonus. Maybe 80% of book?  OK that's a stretch.

Very little downside IMHO.  Long common and preferreds.



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