Bullboard - Stock Discussion Forum Canadian Life Companies Split Corp T.LFE.PR.B

Primary Symbol: T.LFE Alternate Symbol(s): CLSPF

The Companys investment objectives are (i) to provide holders of Preferred Shares with fixed cumulative preferential monthly cash dividends in the amount of $0.04375 per Preferred Share to yield 5.25% per annum on the original issue price (ii) to provide holders of Class A Shares with regular monthly cash distributions targeted to be $0.10 per Class A Share to yield 8.0% per annum on the... see more

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Bullboard (TSX:LFE)

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Post by NoShoesNoShirton Feb 22, 2024 4:34am

More than just a dead cat bounce.

LFE should rise to fresh 52 week highs today. 5 hours before the market opens, futures are up higher than I can remember since the giant moves of 2020. I bought another 10,000 shares ...more

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Comment by mousermanon Feb 21, 2024 11:40pm

RE:LFE unit nav to Feb 21 = approx: $15.04

Oops SLF did not increase their dividend, it stayed @78 cents quarterly. My bad..

Discussion

Comment by mousermanon Feb 21, 2024 11:07pm

RE:RE:RE:RE:RE:RE:RE:RE:IAG gets hammered at the open...

If we added in the dividends coming on ex divvy date, the gain would be about 16 cents in UNIT NAV... LFE finished the day @$15.04 UNIT NAV..

Discussion

Comment by mousermanon Feb 21, 2024 4:39pm

RE:LFE unit nav to Feb 21 = approx: $15.04

LOL evidence of my fatfingers in there. New macbook has touchy keys...

Discussion

Post by mousermanon Feb 21, 2024 4:38pm

LFE unit nav to Feb 21 = approx: $15.04

Spreadsheet now showing a loss of 31 cents since the FEB 15th update. Yester day the NAV was over $15.40 so lost nearly 40 cents in one day. Looking at the Q reports , i would say LFE is ...more

Discussion

Post by oldbrit34on Feb 21, 2024 4:09pm

A buying opportunity ?

Never saw this one coming with IAG. I didn't think the balance sheet of IAG for 2023 warranted this kind of punishment with a 8.65% correction. However tomorrow is a new day and I believe the ...more

Comment by azzurrion Feb 21, 2024 3:58pm

RE:RE:RE:RE:RE:RE:RE:IAG gets hammered at the open...

Hey Mouseman. What do you have the end of day NAV at for LFE following today's downturn for the insurers? How many cents towards the NAV do you feel the end of month dividends from the insurers ...more

Discussion

Comment by mousermanon Feb 21, 2024 3:30pm

RE:RE:RE:RE:RE:RE:IAG gets hammered at the open...

LFE had a huge jump last week, up 49 cents in one day, and that is the good part of being only in lifecos and banks.... the bad part is when the correction happens , as it seems like ...more

Discussion

Comment by flamingogoldon Feb 21, 2024 1:26pm

RE:RE:RE:RE:RE:IAG gets hammered at the open...

Where the "bad" issue lies is in individual equities. Some tech equities are getting hammered today like Palo Alto and Teledoc (down 25%) and other high profile techs 10%. Overall, though ...more

Discussion

Comment by flamingogoldon Feb 21, 2024 1:20pm

RE:RE:RE:RE:IAG gets hammered at the open...

Far fetched to say today is a bad market day. All North American indices are down less than 1% and some are even close to flat.

Discussion

Comment by NoShoesNoShirton Feb 21, 2024 11:49am

RE:RE:RE:IAG gets hammered at the open...

Yeah IAG is having a bad day, and it falls on a bad day for the market. They threw out all the bad news and they threw in the kitchen sink. Looking at the chart shape, IAG even with a 10% haircut is ...more

Discussion

Comment by mousermanon Feb 21, 2024 10:07am

RE:RE:IAG gets hammered at the open...

Well looks some shortselling likely today, altho i am not sure that was the early dumpers... ANON the biggest seller by far , and that normally denotes those selling wanting to be ANONYMOUS for ...more

Discussion

Post by mousermanon Feb 21, 2024 10:03am

LFE unit nav in realtime, @ 15$

So today in the first half hour of trading LFE has lost over 40 cents off the unit nav. Altho all financials seem to be down today.. the lifecos are getting hit the hardest.