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

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TSX:LCS - Post Discussion

Brompton Lifeco Split Corp > Couldn't Resist

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Post by Experienced on Oct 03, 2023 7:52pm

Couldn't Resist

Aainst my better judgement I bought a small (underweight) position this afternoon in the high 4s. Still not convinced that ti might go lower but figured that I would start a position anyway. if it goes down some more I will establish a full position later.

We will see how it works out going forward.

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Comment by ThisIsYerChance on Oct 03, 2023 8:14pm

Ya think this is yer chance?

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Comment by Experienced on Oct 03, 2023 8:30pm

Completed two roundtrips in the past few months months...trying for three....we will see

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Comment by mouserman on Oct 04, 2023 8:46am

I am down to only 1000 shares left .... I still believe lifecos have better leverage in high interest rates, but seems the market has them boxed in with the banks. Very different businesses... as high credit card debt affects banks and not lifecos, underwater mortgage holders affect banks negatively n and not lifecos... and underwater treasury bonds are likely affecting banks at a much ...more

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