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Bullboard - Stock Discussion Forum
North American Financial 15 Split Corp
T.FFN
Alternate Symbol(s):
FNCSF
North American Financial 15 Split Corp. is a Canada-based mutual fund corporation, which invests in a portfolio of over 15 financial services companies. It 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 the amount...
of over 5.5% annually and to pay the holders of the preferred shares a certain price 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 for a specific price per unit, by paying holders on or about the termination date such amounts as remain in the Company after paying a specific price per preferred share. Its investment manager is Quadravest Capital Management Inc.
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Bullboard (TSX:FFN)
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(5403)
•••
mouserman
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Post by
mouserman
on Oct 28, 2024 9:48am
Financials open strong
US holdings in particular looking to open robust this morning... every one in FFN list up this am. ONLY BAC and JPM are below a 1% gain of the 8, the rest are above.
(5403)
•••
mouserman
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Post by
mouserman
on Oct 25, 2024 4:57pm
Spreadsheet has FFN unit nav @ $16.962 to OCT 25
So the dashboard is just a hair lower, and i used the same currency exchange rate just to compare. After dsitributions the commons are valued at $6.76 approx: and with the last trade @ $6.78 FFN
...more
Lahontan Gold Announces Filing of Santa Fe Technical Report
posted Nov 29, 2024 9:00am by
Lahontan Gold Corp.
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Lahontan Gold is pleased to announce that the Company has filed on SEDAR+ an independent Technical Report and updated Mineral Resource Estimate ("MRE") titled "Santa Fe Project Technical Report," effective October 9, 2024, and dated November 27, 2024, for Lahontan's Santa Fe Mine gold and silver project, Santa Fe District, Mineral County, Nevada. ...read more
(5403)
•••
mouserman
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Post by
mouserman
on Oct 25, 2024 1:15pm
FFN almost trading at NAV after dist . are accounted for.
Seeing the UNIT NAV fall under 17 $ as the entire group of US holdings are in red this am, most over 1% DOWN , 7 OF THE 8. AND I it is not like the CAD holdings are doing any better..altho the %
...more
(5403)
•••
mouserman
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Post by
mouserman
on Oct 24, 2024 11:11am
CAD falls again after opening strong
USD fell vs CAD early on, but has bounced up as positive news came on US home sales. the latest rate is now at 72.20 cents US for 1 CAD. Or approx; 1.3847 CAD for 1 USD
(5403)
•••
mouserman
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Comment by
mouserman
on Oct 23, 2024 11:57pm
RE:RE:Dashboard is half a penny lower than spreadsheet @ $17.024
Ah that is where the difference is.. at the close of the markets today... i had CAD @72.27 cents usd.. and i see the the dasdhboard came out at 72.33.. When i adjusted the exchange i came out
...more
(190)
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maxjac
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Comment by
maxjac
on Oct 23, 2024 9:24pm
RE:Dashboard is half a penny lower than spreadsheet @ $17.024
Hi @mouserman, I use openexchangerates.org for the Dashboard. Cheers!
(5403)
•••
mouserman
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Post by
mouserman
on Oct 23, 2024 5:16pm
Dashboard is half a penny lower than spreadsheet @ $17.024
Mine came in right at $17.03, perhaps the USD exchange is the difference. I use the stockwatch closing number , and not sure where the dashboard gets the numbers. I know they must be close. At
...more
(407)
•••
CDNINV1
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Post by
CDNINV1
on Oct 23, 2024 4:29pm
Closing Est FFN unit nav before Dist. October 23rd = $17.014
No change in Nav from yesterday
(5403)
•••
mouserman
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Comment by
mouserman
on Oct 23, 2024 10:44am
RE:RE:FFN SHORT POSITION SMALLEST IN MONTHS.
Wiat a few mintues and things change...at least in the stock market.
(5403)
•••
mouserman
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Comment by
mouserman
on Oct 23, 2024 9:34am
RE:RE:FFN SHORT POSITION SMALLEST IN MONTHS.
Nort today... general markets seem to be correcting, including the banks..
(2)
•••
BlueChipLover
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Comment by
BlueChipLover
on Oct 23, 2024 7:24am
RE:FFN SHORT POSITION SMALLEST IN MONTHS.
Do you think it's gonna goes upper 7$ ?
(5403)
•••
mouserman
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Post by
mouserman
on Oct 22, 2024 3:30pm
FFN SHORT POSITION SMALLEST IN MONTHS.
SO SINCE JUNE THE SHORTSELLING position has not been this low. Anonymous was the main buyer in that 2 week span to the 15th. I do believe the retraction possibility has helped to keep FFN short
...more
(5403)
•••
mouserman
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Post by
mouserman
on Oct 22, 2024 11:22am
FFN unit nav in realtime = approx: $16.98 before dist.
So some green has shown up in the US BANKS AND the spreadsheet is showing a gain of 14 cents since the OCT 15 update. After distributions the common shares would carry a value of
...more
(5403)
•••
mouserman
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Post by
mouserman
on Oct 22, 2024 10:11am
DONT KEEP TOO MUCH IN ONE BANK
A Small Bank’s Failure Leaves Big Depositors Feeling the Pain There is a big message in a tiny lender’s abrupt failure late last week: Customers with large deposits can lose money when their bank
...more
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