Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Big Banc Split Corp T.BNK

Alternate Symbol(s):  T.BNK.PR.A

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

Bullboard Posts
Comment by dbeaudeon Nov 22, 2013 8:12am
219 Views
Post# 21930552

RE:RE:moved to $4 ...

RE:RE:moved to $4 ...
Parameter (millions*) Bankers Baytex
Share Price  $    3.99  $      43.00 WOW
Shares* 255 125
Market Cap*  $     958  $      5,400
EV*  $  1,013  $      6,400
2P* 226 292
debt*  $     103  $         760
Prod 19500 57500
capex*  $     550  $         247
FFO (Q3)*  $       81  $         199
Net back (Q3)  $  49.00 WOW  $      43.00
RLI 35 years WOW 14.5 years
FFO multiple (annualized) 3.14 6.75 WOW
Debt to FFO 0.32 WOW 0.95
Production CGRA 20%WOW 8%
EV/FFO 3.13 8.04 WOW
EV/2P 4.48 21.92 WOW
Yield 5.8% 0.0

Isn't is true BC! Perception verses reality. However, I have been a believer the Bankers team need to try to close the valuation gap between Bankers and just about every other similar stock on the globe. I know BTE is in Canada and pays a good dividend but just look at what kind of a crazy premium they get compared to Bankers yet Bankers is performing comparable or even Better on it ratios


Bullboard Posts