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News Focus
Bitcoin Well (V.BTCW) Reports Q1 2024 Financial Results (click to learn more)
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

Alternate Symbol(s):  CLSPF | T.LFE.P.B

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

TSX:LFE - Post Discussion

Canadian Life Companies Split Corp > Over 100% premium
View:
Post by EdPaquette on Jun 13, 2022 9:40am

Over 100% premium

Real time unit nav is 11.41 and someone is buying over $3. So foolish.
Comment by flamingogold on Jun 14, 2022 1:59pm
My bid for LFE is $1.50. I would never buy it above $2. I sell as it approaches $5 or starts paying. Never own this for the distribution alone or one will be sitting on a ton of losses.
Comment by slst on Jun 15, 2022 3:05pm
Sounds crazy, but I got some today.   Can always add some if it drops but just don't want to miss 40% per year at this entry point.  With interest rates rising the Insurance Cos are locking in new premiums at great long term rates.  They are trading at low P/E ratios.  Have strick regulations to keep the solvent.  Like Banks, Insurance is a great long term segment ...more  
Canadian Life Companies Split Corp
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