Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
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

Privacy Policy | Disclaimer

Sign In

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

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
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

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.


NYSE:BFK - Post by User

BLACKROCK Municipal Income TRUST > Hexo can do it
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(2484)
•••
Comment by quinlashon Oct 30, 2021 12:08pm
139 Views
Post# 34068265

RE:Hexo can do it

RE:Hexo can do it
Jrj123 wrote: Did they make 3 acquisitions in less than a yr? Did they tell shareholder about debt agreement in Aug 2021? Did they increase revenue yr over yr and quarter over quarter comparing 2020 vs 2021? Did they reduce net loss yr over yr? Did they maintain #1 market share? THE ANSWER IS YES. TO ALL THE ABOVE


Absolutely correct.  The report we just had was the highest for sales and net in the history of the company.  The market certainly seemed focused on the debentures coming due in 2023 however that's a year out and well after we see additional incremental sales coming in from the 2021 acquistions.

IMHO the debentures will be addressed, the new CEO will have a challenge to do it without issuing more shares for a capitial raise however, again, that may be an bridge we will not have to cross for another 6 months or so as we approach the debenture due date.  By then the company may have enough cash to minimize any potential capitial raise or may have access to lenders (banks) for loans and avoid issing shares entirely.

JMHO

Q

<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities