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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

Bullboard (TSX:LFE)

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Post by mousermanon Feb 07, 2022 4:21pm

LFE unit nav @ $15.56 to FEb 7

SO spreadsheet updated  today shows a 20 cent gain since the JAN 31 update. We are looking forward to 3 of the bog 4 CAD lifecos reporting results on wednesday. IF good they could trend higher ...more  
Comment by slston Feb 07, 2022 2:24pm

RE:NAV continues the trend higher

The 4 giant Canadian insurers up today, once again.   Good Volume.  If the market does not tank,  we get annual 22.6% distribution yeild.  Plus the comfort of holding at a discount ...more  
Post by Donwaanon Feb 07, 2022 10:11am

NAV continues the trend higher

NAV is up approximately .63% from Friday's close and up 2% from the QV 01/31 update.
Comment by kurtwalteron Feb 06, 2022 3:44pm

RE:RE:RE:LFE unit NAV ends the week @ $15.52

I have a watchlist with LFE, MFC, IAG, GWO and SLF - reviewing that gives me some peace of mind and keeps me bullish! 
Comment by Higherhopes2020on Feb 05, 2022 5:35am

RE:RE:LFE unit NAV ends the week @ $15.52

Since the interst rates are going up Life insurance companies will do well like Banks.  Yes please keep posting NAV that will help the longs.  Over 23% yield is impressive as long as the NAV ...more  
Comment by speedyfeinton Feb 04, 2022 4:29pm

RE:LFE unit NAV ends the week @ $15.52

please keep posting eventho you exited your position. will be greatly appreciated, thank you.
Post by mousermanon Feb 04, 2022 4:18pm

LFE unit NAV ends the week @ $15.52

So LFE now has gained 16 cents in the 4 sessions since the Jan 31 update So commons now have a value of $5.52... and have a good chance of paying again here for the month of FEB . The NAV on the 15th ...more  
Post by mousermanon Feb 04, 2022 10:44am

Big 4 Lifecos start off strong , but back off

SO the big 4 now showing mostly red on the TSX... but not down a lot. Most of the markets seem to be very bullish as countries around the world begin declaring the pandemic over. This with record ...more  
Post by mousermanon Feb 03, 2022 5:19pm

LFE unit nav falls to $15.43

SO LFE lost about 7 cents off the unit nav today, and so the result was a drop from$15.50 to $15.43. The nav of the commons is still up in FEB , valued today at $5.43 and continues to trade at a ...more  
Post by mousermanon Feb 03, 2022 2:00pm

LFE realtime UNIT NAV @ approx: $15.45

SO thought i would do an intraday update... LFE seems to be hanging in there just fine. I did sell some early on, as looking to be a down day overall on the markets, however the commons price has ...more  
Comment by mousermanon Feb 03, 2022 10:21am

RE:RE:Good to see my spreadsheet was dead-on for LFE

Yes $15.51 was BEFORE distributions which have now been deducted from the UNIT NAV, so commons had a value of $5.36 as posted on the Quadravest site. Yesterday LFE finished with a UNIT NAV of about ...more  
Comment by Higherhopes2020on Feb 03, 2022 10:15am

RE:Good to see my spreadsheet was dead-on for LFE

Today they posted NAV 15.51 as of jan 31st + might have added another 10cents? last couple of days. This holds we will get dividend at rate of 23%.  Stock last trade is $5.18 at a discount.
Comment by Donwaanon Feb 02, 2022 9:01pm

RE:Good to see my spreadsheet was dead-on for LFE

Well done mouserman! More often than not you are right on the money.
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