Labrador Iron Ore Royalty Corp T.LIF

Pretty harsh but is there more?

[Dadsaid2]

The market can be a pretty mean place but l cant believe cutting div to 50 from 1.15 would cause a $8-9 drop on a$50 share. There must be more. Im thinking Russia China syndrome. The market hates uncertainty so does the west start on China and they go elsewhere for iron? Glad lm not holding LIF rite now. GLTA

[RetireAt55]

CIA is also down over 6%, so there could be something more to this than just the dividen drop. Hard to sell well SP is down almost 20%, just have to wait and see and hope its just a blimp in the market.

[JayBanks]

Do you think they did not see this coming to a head? I bet they couldn't believe when price disconnected from reality a year ago. They just did what every investor wants and retuned large amount of capital to shareholders and should be applauded for that, but now that period of such large payouts seems over. For those that were chasing payouts and yield all the way up and thought it was

[borne2run]

LIF is a royalty company with a variable dividend that has 2 components. 1. Royalties on product sold by Iron Ore Company of Canada (IOC). 2. Dividends received from IOC - Labrador Iron Ore owns approx 15% of IOC. The first component will generate a quarterly dividend of roughly 25 to 50 cents, depending on iron ore pricing and pellet premiums. In 2022 Q1, IOC did not declare a dividend despite

[McRambus]

Sir. Math problem? You make me laugh. Go back and do more research. Lot of misinformstion in your post, just like the last time you posted. Half the decline is the big drop in iron ore prices and general commodities rout today. Look at CIA, fell over 6%. You do not know what you are investing in.

[JayBanks]

  I see you have an issue with reading and comprehension, I also stated twice in my post "I'm not holding" and "I've sat this out waiting"... I'll say it again maybe you will understand it this way: I AM NOT INVESTED IN THIS NAME CURRENTLY! The of the main reasons are I needed to spend more time watching and seeing how the price action moves when we see a

[JayBanks]

I just noticed in my previous post I was pulling numbers off 2 different windows of Iron Ore price charts from the same source site while I was clicking around and mixing them up. An 'Iron Ore 62 FE' chart that shows a 3% drop Mar 14th and an 'Iron Ore' chart that shows the drop connected to Mar 15th (now 8% for Mar 14th that I clicked around) that seems to be the starting point

[Kylemcc10]

Analyzing this thing to death. Let's keep the discussion for those actually invested. If you get your wish for a 50% pullback you'd probably say the numbers don't look right ill wait for $10 entry. Start a position, get paid. Average down if needed, get paid some more. Done. If you're that worried this isn't the risk tolerance for you. 

[Mrtkr1]

No one can time top or bottoms. NO BODY. Your entry should be based on your risk tolerance. If $39/40 is too rich then wait. That being said, why would anybody want to be cash in this highly inflationary environment? LIF got killed for one main reason. Investors have been trained to see dividend cuts as businesses going belly up. They dont bother doing due diligence. They exit and ask questions

[McRambus]

Good post but this is NOT a dividend cut. Not at all. The dividend is variable and dependant on the price of iron ore. We used to get paid a similar dividend then a final `special`at end of year, Problem was the special dividend is NOT included in the yield brokers show. So they now pay a variable dividend that reflects the trailing yield you recieve. 

[porksniffer]

Yawn...you talk too much. Nothing to see here but an overreaction. IOC didn't pay a dividend this quarter instead using the money for growth projects. As long as iron ore stays above $100 this is a no brainer. But keep up the analysis and keep waiting for your $20/share entry.