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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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(5408)
•••
mouserman
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Post by
mouserman
on Jun 28, 2024 11:23am
ex divvy date selling ... US banks doing well early
Looked down the list of US banks FFN holds and all are up . MS has lowest % gain @ .92 but the rest are over 1% up today. CAD banks doing ok, and MFC, SLF and GWO all are up..
(5408)
•••
mouserman
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Post by
mouserman
on Jun 27, 2024 4:26pm
FFN unit nav to June 27 = approx: $15.62
FFN spreadsheet shows a gain of 18 cents since midmonth... and after distributions the commons would carry a value of $5.43...last trade @ 5.65 leaves a premium of about 22 cents after distributions
...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
(5408)
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mouserman
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Comment by
mouserman
on Jun 27, 2024 4:21pm
RE:For the bank bears
Hmmm 31 only, what about all the regional banks ready to go under from CRE debt..?? https://www.risk.net/risk-management/7959537/house-of-cards-the-3-trillion-non-systemic-real-estate-risk
(408)
•••
CDNINV1
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Comment by
CDNINV1
on Jun 27, 2024 2:44pm
RE:RE:US largest banks increase dividends: Barrons
CORRECTION BAC IS NOW 24 CENTS
(408)
•••
CDNINV1
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Comment by
CDNINV1
on Jun 27, 2024 2:31pm
RE:US largest banks increase dividends: Barrons
THIS ARTICLE WAS POSTED JUNE 30 2023 NOT TODAY. THE ARE THE CURRENT DIVIDENDS EXCEPT BAC IS 23 CENTS
(35)
•••
kurtwalter
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Post by
kurtwalter
on Jun 27, 2024 11:41am
US largest banks increase dividends: Barrons
Some of the largest banks in the nation announced plans to raise dividends after passing the Federal Reserve’s annual stress test earlier this week. The Fed wanted banks to wait at least
...more
(835)
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flamingogold
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Post by
flamingogold
on Jun 26, 2024 7:25pm
For the bank bears
Federal Reserve says all 31 banks in annual stress test withstood a severe hypothetical downturn https://www.cnbc.com/2024/06/26/fed-banks-stress-test-2024.html
(5408)
•••
mouserman
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Post by
mouserman
on Jun 26, 2024 4:13pm
FFN unit nav to June 26 = approx: $15.58
So some of the holdings bounced back a bit, and CAD settled at .73 USD... Spreadsheet showng a gain of 15 cents since the update midmonth. Last sale was at $5.65 so trading at a slight premium
...more
(35)
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kurtwalter
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Post by
kurtwalter
on Jun 26, 2024 1:39pm
BofA on banks
BofA Securities bank analyst Ebrahim Poonawala provided some skeptical notes on Canadian banks, “Our recent CEO/CFO meetings highlighted the potential for stabilizing EPS outlook even as credit
...more
(408)
•••
CDNINV1
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Post by
CDNINV1
on Jun 26, 2024 1:20pm
Est Current FFN unit nav for 1 P.M. JUN 26 = $15.55
Exchange rate 73 cents
(5408)
•••
mouserman
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Post by
mouserman
on Jun 26, 2024 11:36am
US home sales plunge from MAY 2023
From the TD trading desk. The numbers: Sales of newly built homes in the U.S. plunged in May, as the number of home buyers scaled back in the face of high mortgage rates. New-home sales were at
...more
(5408)
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mouserman
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Post by
mouserman
on Jun 26, 2024 10:20am
CAD rebounds after early selling
And the US banks for the most part are down, with only WFC up this am. CAD financials look very red. FFN unit nav will be dropping at this moment in time, but i suspect the share price will be
...more
(5408)
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mouserman
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Post by
mouserman
on Jun 26, 2024 9:26am
USD bounces up vs CAD early as markets set to pull
Looks like a rush to USD today, as fear seems to grip the markets...
(5408)
•••
mouserman
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Post by
mouserman
on Jun 25, 2024 4:15pm
FFN unit nav to June 25 = approx: $15.63
Showing a gain of about 20 cents since the JUNE 14th update, and the USD continued to look weak vs CAD, despite BOC cutting interest rates last month. Commons would have a value of about $5.63 before
...more
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