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Bullboard - Stock Discussion Forum Canadian Life Companies Split Corp T.LFE

Alternate Symbol(s):  CLSPF | T.LFE.PR.B

The Companys investment objectives are (i) to provide holders of Preferred Shares with fixed cumulative preferential monthly cash dividends in the amount of $0.04375 per Preferred Share to yield 5.25% per annum on the original issue price (ii) to provide holders of Class A Shares with regular monthly cash distributions targeted to be $0.10 per Class A Share to yield 8.0% per annum on the... see more

Bullboard (TSX:LFE)

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Post by mousermanon Sep 22, 2023 10:05am

LFE holdings bounce back today

ALL 8 of  the lifecos in the fund are up this am, and the CAD banks are flat.  But the good news is there is still a lot of room to run up even just to get to a 10% discount on these shares. ...more  
Comment by mousermanon Sep 21, 2023 9:21am

RE:RE:LFE UNIT NAV in realtime at about $14.30

Yes i suppose that does make a difference, altho the preferred shares always carry a value of 10$ when Quadravest posts the values of the commons. For my calculations to be close to Quadravest , for ...more  
Comment by navgodon Sep 20, 2023 1:58pm

RE:LFE UNIT NAV in realtime at about $14.30

First let me say I am big holder of LFE in part because of the discount but I believe your post overstates its atractiveness. It ignores the pref shares which trade around 9.70 for both FFN and DF and ...more  
Post by mousermanon Sep 20, 2023 12:38pm

LFE UNIT NAV in realtime at about $14.30

So spreadsheet showing a gain of about 7 cents since the update on AUG 31... Discount continues to be high despite the UNIT NAV higher than FFN , or DF, which both trade much higher and getting big ...more  
Post by mousermanon Sep 19, 2023 6:04pm

OOPS didnt see the updated number @ 14.23

Somehow got in wrong, and didnt update the new unit nav on my spreadsheet. SO UNIT NAV now is $14.27 discount is only about 21 %.
Post by mousermanon Sep 19, 2023 6:01pm

LFE unit nav to Sept . 19 = approx: $14.30

A move up of 4 cents since the update to the 15th....( my guesstimate) Discount now about 93 cents or over  21 %... wonder what will happen when it passes DFN in unit nav, has already passed DF ...more  
Post by mousermanon Sep 19, 2023 12:22pm

LFE trading today , ANON covering

Noted a lot of covering in the short position in the last report. ( as a % of volume) and today anon by far the biggest and almost only buyer. se Positions for C:LFE from 20230919 to ...more  
Post by middlemanon Sep 18, 2023 11:26am

current NAV estimation $14.31

with current NAV estimation $14.31 its trading with insane discount of almost 22%, very rare happens
Comment by slston Sep 15, 2023 5:44pm

RE:LFE unit nav to Sept 15 = approx: $14.26

Seems like a nice Value play, so I'm nibbling at it.  
Post by mousermanon Sep 15, 2023 4:48pm

LFE unit nav to Sept 15 = approx: $14.26

LFE had gains of 50 cents since the AUG 31 update,  a bigger  gain than any other Quadravest  split fund common. And from a very low level. Discount here is about 87 cents at the close ...more  
Post by mousermanon Sep 15, 2023 10:30am

LFE in realtime @ $14.21 unit NAV

Now 85 cents the discount. or about 20 %
Post by mousermanon Sep 15, 2023 10:25am

LFE soon will discount by about a buck...

LOL , maybe the most hated split fund common out there.
Post by mousermanon Sep 14, 2023 4:59pm

LFE unit nav to Sept 14 = approx: $14.07

So back above the 14$ unit nav  after a hiatus of a month or two... was a slow August  for the lifecos. Trading at a bout 75 cent discount... or about 18.4 %
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