Brompton Lifeco Split Corp T.LCS

Lifecos on a roll

[mouserman]

I think perhaps the discount is still big....LOL

[Hulk27]

Preferreds pay out next week right? and that's 15.625 cents per share?

[kurtwalter]

Brompton has not declared distributions yet, but ex-div date should be between the 27th and 30th, Pay date should be around Feb 14

[mouserman]

LCS will pay to preferreds  in mid FEBruary.

[Hulk27]

Yes, the cash payment will be mid-Feb. But if we're looking at the NAV available to common shares, it should be the NAV of the shares, less the dividend payable to the preferreds (which have an ex-divy date of next week). No? So, the current NAV which is something like $16.91 as I write this, would be: $10.00 Preferred Shares + approx $0.15 pro-rated Preferred Divs. Leaving $6.76 for the

[Hulk27]

Probably too detailed for this crew? Regardless, the discount is still a discount, and I love this common split and am loaded up. That Toppicks1 who was on here a few days ago is a chump and is trying to trade this based on technicals like a normal stock? So dumb. If you wanna trade IAG based on technicals, then fine - but that doesn't really work with a split share of a group of stocks.

[chessplayer]

But you also have to take into account the dividends that will be received.