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Bullboard - Stock Discussion Forum
Financial 15 Split Corp
T.FTN
Alternate Symbol(s):
T.FTN.PR.A
|
FNNCF
Financial 15 Split Corp. is a mutual fund, which invests in a portfolio consisting of over 15 financial services companies. The Company offers two types of shares, such as Preferred Shares and Class A Shares. Its investment objectives with respect to Preferred Shares are to provide holders of Preferred Shares with cumulative preferential monthly cash dividends in an amount of over 6.75...
% annually and to pay the holders of the Preferred Shares approximately $10 per Preferred Share on or about the termination date. Its investment objectives with respect to Class A Shares are to provide holders of Class A Shares with regular monthly cash distributions and to permit holders to participate in all growth in the net asset value of the Company over $15 per unit, by paying holders on or about the termination date such amounts as remain in the Company after paying over $10 per Preferred Share. The Company’s investment manager is Quadravest Capital Management Inc.
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Bullboard (TSX:FTN)
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(59)
•••
marcrobert
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Comment by
marcrobert
on Nov 06, 2024 1:39pm
RE:RE:RE:RE:BEARS
I assume mouserman wrote FFN but meant FTN. FFN does not have $3 of safety. Also, with the dec 1 2025 termination date, anyone have any thoughts about consolidation risk? Just went through that with
...more
(5)
•••
Markyp
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Comment by
Markyp
on Nov 06, 2024 1:19pm
RE:RE:RE:BEARS
Ftn and ffn are 2 different funds 16.9 would have to be ffn I assume but I'm not fully updated on that one as ftn is safe by quite a bit more.
QMET has 11 claims and 633 hectares Property in Ville-Marie, Quebec Hydrogen Camp
posted Nov 25, 2024 9:00am by
Q Precious & Battery Metals Corp.
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|
The Company is pleased to discover that their Lorrain claims are now within the new and exciting exploration for hydrogen in the Ville-Marie, Lorrainville and Béarn region of Quebec. The region has undergone a claim staking rush following the ...read more
(59)
•••
marcrobert
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Comment by
marcrobert
on Nov 06, 2024 12:54pm
RE:RE:BEARS
FFN $3 of safety, net nav around 16.9? which one are you talking about, i'm thinking about buying ftn but i can't see what you're seeing with ffn thanks
(5286)
•••
mouserman
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Comment by
mouserman
on Nov 06, 2024 11:51am
RE:RE:CROW
Went to nearly 90 % cash last week, but am still getting the full raft of distributions on friday.. and i will be getting another full raft in December. I bought back FFN lower than i sold.
...more
(5286)
•••
mouserman
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Comment by
mouserman
on Nov 06, 2024 11:48am
RE:RE:CROW
Quite a few analysts posting on Stockwatch that i read, stated a TRUMP big win would be bullish for banks... seems they are right, and LIFECOS actually doing as good or better .
(816)
•••
flamingogold
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Comment by
flamingogold
on Nov 06, 2024 11:34am
RE:CROW
The bearish trade for the last 2 years has been flat out wrong. From non-stop headlines of looming recession to hyperinflation, sitting on the sidelines in cash or low yielding GICs or money markets
...more
(306)
•••
Toppicks1
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Comment by
Toppicks1
on Nov 06, 2024 11:29am
RE:RE:BEARS
This is better then buying a big dip in my opinion. Such a gift and I'll bet the BEARS can't pull the trigger. They have to look in the mirror and go I was wrong. Have a great day time for
...more
(5286)
•••
mouserman
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Comment by
mouserman
on Nov 06, 2024 11:20am
RE:BEARS
FFN trading at a 15% discount... and bears in hibernation??? I have never seen a split fund commons with $3 fo safety paying 20% yield , trade at such a bearish discount.
(306)
•••
Toppicks1
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Post by
Toppicks1
on Nov 06, 2024 11:20am
CROW
I wonder if any of the BEARS will dine a little before they hibernate.
(306)
•••
Toppicks1
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Post by
Toppicks1
on Nov 06, 2024 11:15am
BEARS
Will now go into hibernation for the winter. I'm not sure I have ever seen the VIX a dump 20%
(14)
•••
Stoiklaugh
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Comment by
Stoiklaugh
on Nov 06, 2024 10:23am
RE:RE:FTN unit nav in realtime @ $20.10
Had some sales order triggered this morning and will gladly buy back if it pulls back a bit... Such a good day so far!
(5286)
•••
mouserman
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Comment by
mouserman
on Nov 06, 2024 10:21am
RE:FTN unit nav in realtime @ $20.10
CAD holdings backing off, and some of the US holdings seeing some profittaking,, so dont expect to see these gains last the day. But no matter what happens , they will be trading at ridiculous
...more
(306)
•••
Toppicks1
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Post by
Toppicks1
on Nov 06, 2024 10:19am
None Belief
It hasn't really sunk in yet. I wonder if FTN could trade at a premium when TRUMP takes office on January 20th. Nav over 20$ add a 10% premium and it's at 11$. Of course this seems like crazy
...more
(246)
•••
Golferman
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Comment by
Golferman
on Nov 06, 2024 10:14am
RE:FTN unit nav in realtime @ $20.10
Great I as well now have the NAV over $10.05 for the commons..... now over a $1.00 discount hard to believe we are trading so low. Lets see how the day makes out.
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