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

Alternate Symbol(s):  T.LFE.P.B | 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

TSX:LFE - Post Discussion

Canadian Life Companies Split Corp > Lifecos again start the day green.
View:
Post by mouserman on Apr 04, 2024 10:25am

Lifecos again start the day green.

For some reason , i cannot fathom, the markets like the banks more than the lfiecos. Likely chartbased  TA pushing the theory that eventually things level up.
Realtime UNIT NAV now at $15.10 for LFE...
Comment by EdPaquette on Apr 04, 2024 11:14am
A long time ago, I spent a week in a classroom studying technical analysis. Let me assure you that there is no " theory that eventually things level up " . Mouserman someday I will teach you everything I know, and that will only take a few minutes!!! LOL
Comment by EdPaquette on Apr 04, 2024 11:18am
I should say I think bank investors are mostly long term holders. Some got scared out last year and they are gradually getting back in.  The sky didn't fall after all.
Comment by mouserman on Apr 04, 2024 2:44pm
Yeah i tried technical analysis  when i first started investing, and was playing penny mining stocks. I soon learned that heavy manipulation was involved, and T/A did not help at all. With the split funds  i choose fundamentals and Basically  NAV,  as its not hard to track, and discounts are ALWAYS better value for me than big premiums.  I do like buying some of underwater ...more  
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