Bullboard - Stock Discussion Forum Brompton Lifeco Split Corp T.LCS

Alternate Symbol(s): T.LCS.P.A

The Funds investment objectives are to provide holders of Preferred shares with fixed, cumulative, preferential quarterly cash distributions in the amount of 0.15625 per share and to return the original issue price of 10.00 per Preferred share to Preferred shareholders at maturity; and to provide holders of Class A shares with regular monthly cash distributions, targeted to be 0.075 per share... see more

Add To Watchlist

TSX:LCS - Post Discussion

Brompton Lifeco Split Corp > So Glad I loaded up!

View:

Post by Conister011 on Mar 22, 2022 2:47pm

So Glad I loaded up!

So glad i loaded up in the low 6s!! Damn, huge divi and capital gains already over 13 per cent.

162

Comment

Comment by marcrobert on Mar 22, 2022 6:42pm

Just something to keep in mind. I bought this in the 2s, like many others here. Lifecos i think still have some upside, but with LCS, you have to keep a close eye on the nav. We have talked about split shares and the mechanics and structure of them and the factors that make them risky, i.e. 1) eroding value - they don't have any income to distribute, all of the underlying income goes to the ...more

293

Comment

Comment by Conister011 on Mar 24, 2022 10:27am

Thank you for your comments. I am fairly new to these and understand the basics but I do keep a close eye on per cent above nav or below in terms of protecting gains or adding new shares. In the low 6s this seemed like a good bet but I have put stops under all my holdings in this crazy environment. Sold FFN yesterday after a 12 per cent pop in the last couple of weeks. If ...more

173

Comment

Brompton Lifeco Split Corp