Big Banc Split Corp T.BNK

Alternate Symbol(s): T.BNK.PR.A

Financial Services Asset Management

The investment objectives for the Preferred Shares are to provide their holders with fixed cumulative preferential monthly cash distributions in the amount of $0.05 per Preferred Share ($0.60 per annum or 6.0% per annum on the issue price of $10.00 per Preferred Share) until November 30, 2023 (the Maturity Date) and to return the original issue price of $10.00 to holders on the Maturity Date. The Company will invest on an approximately equally-weighted basis in Portfolio Shares of the following publicly traded Canadian banks: Bank of Montreal; Canadian Imperial Bank of Commerce; National Bank of Canada; Royal Bank of Canada; The Bank of Nova Scotia; and The Toronto-Dominion Bank. The Portfolio will generally be rebalanced on a quarterly basis, starting on September 30, 2020, so that as soon as practicable after each calendar quarter the Portfolio Shares will be held on an approximately equal weight basis.

TSX:BNK - Post by User

Big Banc Split Corp

Bullboard Posts

Comment by thianon May 14, 2012 2:36pm

294 Views

Post# 19906970

RE: RE: Broken stock

And this was Eric's recommendation on Trican:

TOP PICK

Trican Well Service Ltd.

TCW-T

17.410

Tremendous amount of confusion and misinformation on spending for 2012. Also concern about margin erosion in the US. Even in the worst case scenario the stock is more than discounting this. Trades at 3.5X enterprise value to cash flow while its historical range is 5 to 10. Have visibility almost out to the end of 2012.

2011-11-30

This is were it is trading today:

Trican Well Service

TCW-T

12.310

14:18

12.990

12.300

693,797

26.730

12.610