Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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)

View:
Post by mousermanon May 23, 2024 6:56pm

LFE unit nav to May 23 = approx; $15.22

Spreadsheet showing a gain of about 22 cents since may 15th. Discount is 32 cents with the last trade at $4.90...  or about 6 %. Yield at the close would be  24.4 % annually.
Post by mousermanon May 23, 2024 2:12pm

In other news , higher for longer?

Economic data on Thursday furthered that narrative. The S&P Global purchasing managers index (PMI) for May came in at 54.4 versus 51.3 last month. The flash reading, which came in higher than ...more  
Post by mousermanon May 23, 2024 1:54pm

LFE volume shown on TD as 38k

One of the reasons i have stockwatch is so I can get the actual volumes. I like the trading statistics as well, as ANON is a good stat to follow. Here is the REAL volume , nearly double of what shows ...more  
Post by mousermanon May 23, 2024 1:49pm

LFE unit nav in realtime @ $15.21

Starting to see some sympathy selling in the lifecos as people take profits where there are some. Still i note that FFN , FTN, BK, DFN and DF are ALL in negative numbers since the 15th. SO LFE getting ...more  
Comment by mousermanon May 23, 2024 1:30pm

RE:The ghost of 5 returns

In the past the conditions for lifecos were not same as they are at present. Was hard a few years ago with near 0 interest rates , for the insurers to find good returns on the premiums collected. That ...more  
Comment by NoShoesNoShirton May 23, 2024 1:10pm

RE:The ghost of 5 returns

This time will be different.   WILL
Post by flamingogoldon May 23, 2024 12:27pm

The ghost of 5 returns

LFE will be paying but above $5 seems to be an omen. Never seems to hold for long. We would need an explosion of inflation and higher rates for LFE to stay in the payment zone for an entire year ...more  
Comment by mousermanon May 23, 2024 11:58am

RE:LFE unit nav in realtime @ $15.23

So with the dumpin today on LFE ( not sure why , obviously dont follow the UNIT NAV) the discount has grown to about 36 cents, or about  6.5%. COuld be some are taking profits, which could be ...more  
Post by mousermanon May 23, 2024 10:42am

LFE unit nav in realtime @ $15.23

So the split fund that has gained the most since May 15 is LFE up 23 cents. It is down the most today of the main splits in Quadravest i follow.. FFN, FTN, DFN,DF BK and LFE. And the stock that has ...more  
Comment by mousermanon May 23, 2024 10:28am

RE:RE:Hard to believe sellers are dumping LFE this morning

I did think we were in a for at least a few weeks correction given the state of the economies.  However its an election year and the current regime cannot afford to have a major pullback in the ...more  
Comment by Toppicks1on May 23, 2024 9:46am

RE:Hard to believe sellers are dumping LFE this morning

I hope you are right about LFE paying all year.. I don't own it but for that to happen there won't be any meaningfull correction. That's the camp I've been in all year. A while ago you ...more  
Post by mousermanon May 22, 2024 4:26pm

Stocks retreat after FED . LFE UNIT NAV @ $15.23 MAy22

So the spreadsheet ended up showing a gain of only 23 cents since MAY 15th, but still would be the top gains for any Quadravest split fund. Since May 15 ,  FTN and FFN only a penny gain, BK   ...more  
Post by mousermanon May 22, 2024 2:55pm

FED says inflation still a problem

Fed minutes show officials see disinflation taking 'longer than previously thought'  The release of the minutes from the Fed's May meeting struck a similar tone to one ...more  
Comment by mousermanon May 22, 2024 12:55pm

RE:RE:Hard to believe sellers are dumping LFE this morning

Ten years ago interest rates were near 0 , making Lifecos  returns much lower on premiums. Now with higher for longer interest rates , their outlook is very good. Lots of potential for higher ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities