BLACKROCK Municipal Income TRUST V.BFK.P

Primary Symbol: BFK

BlackRock Municipal Income Trust (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to provide current income exempt from federal income taxes. Under normal market conditions, the Fund invests at least 80% of its managed assets in investments the income from which is exempt from federal income tax (except that the interest may be subject to the alternative minimum tax). The Fund may invest directly in securities or synthetically through the use of derivatives. The Fund's investment policies provide that it invests at least 80% of its total assets in investment grade quality municipal obligations issued by or on behalf of states, territories and possessions of the United States and their political subdivisions, agencies or instrumentalities, each of which pays interest that, in the opinion of bond counsel to the issuer, is excludable from gross income for federal income tax purposes. Its investment adviser is BlackRock Advisors, LLC.

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BLACKROCK Municipal Income TRUST

Bullboard Posts

Post by Analystguyon Jul 11, 2019 1:12pm

139 Views

Post# 29909200

HEXOs move to big board portends good things

I can't see HEXO wanting to list on the big board if Q4 results are anything less than stellar. I think the move is strategic and meant to convey a statement.

My model, which is based on Hexo's revenue guidance of almost doubling net revenues and assumes pro-rata shares of HIP expenses and COGS, shows it could turn a modest profit (90% confidence interval). Such a showing would distinguish HEXO from the rest of the pack. If one factors wholesale shipments to competitors (i.e. CannTrust), any such sales would fall direct to the bottom line.

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