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BlackRock Virginia Municipal Bond Trust V.BHV


Primary Symbol: BHV

BlackRock Virginia Municipal Bond Trust (the Trust) is a closed-end management investment company. The Trust's investment objective is to provide current income exempt from regular United States federal income tax and Virginia personal income taxes. The Trust seeks to achieve its investment objectives by investing primarily in municipal bonds exempt from United States federal income taxes (except that the interest may be subject to the United States federal alternative minimum tax) and Virginia personal income taxes. The Trust invests, under normal market conditions, at least 80% of its managed assets in municipal bonds that are investment grade quality at the time of investment or, if unrated, determined to be of comparable quality at the time of investment by the Trust's investment adviser. The Trust may invest directly in such securities or synthetically through the use of derivatives. The Trust's investment adviser is BlackRock Advisors, LLC.


NYSE:BHV - Post by User

Post by misnaon Sep 06, 2013 9:13am
240 Views
Post# 21722309

News?

News?
It's been around two months, so a lot of time to get stuff done.  Here are a few of my current observations and all speculation is mine (the company is REALLY quiet right now):

- We're owed La Garrucha strikes. I expect them to be good judging where they are drilling and have been drilling since July
- Panama is the wild card. One of these days we're going to get news that most will think is out of "left field." I'm personally expecting a deal in Panama sometime fairly soon.
- Hearing rumors now that Sunward (SWD) is potentially an acquisition target. That would be very big for BHV depending on the # they get. And any movement positive in Colombia will help. We'll see, just a rumor.
- Paul Zweng is simply one of the best operators out there and has turned two other juniors into almost $1B in market cap: https://www.bellhavencg.com/inc/corporate/management.html
He is advising and very involved at BHV, and a major shareholder (circa 9-10%). I'm surprised this doesn't get more play, he is amongst the best I've ever seen.

I'm buying/holding.  We're going to see some excitement here soon is my bet. Fingers are most certainly crossed! Good luck.
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