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

Comment by braincloudon Dec 23, 2015 9:49am
89 Views
Post# 24407568

RE:RE:Am I ever glad this year is over

RE:RE:Am I ever glad this year is overIt's easy to be right after the fact. If you were so convicted about the direction of oil what did you do about it? Were you short oil stocks ? Oil? Probably not. I made an informed decision about oil and BNK. Was I wrong? Of course I was wrong!! Again stating the obvious. I've looked back on some of the sheit you posted. Talk of nationalization, shutting operations etc etc. All of that is grossly misinformed stuff. What research have you done besides spewing out other people's opinion? Can you demonstrate how much more oil Saudi's have been producing? Iran? Iraq? What data you use to predict oil at $20-$30? Probably not because I suspect you wouldn't have a clue where to look. The fact is that nobody has called oil correctly, not one person. If you can offer someone up, I'd be very much interested. Your prediction of where oil will go is all well and good. I wish you luck. If you think that oil goes to $20-$30 do you have the balls to act on that? I mean oil is down $75 already so are you going to step up and short some stocks here? Again, I wish you luck. I still predict that shale production will fall off dramatically. With all this new production coming on stream have you asked yourself who in their right mind would finance any oil production of they can't make money at it? Who in their right mind would step up to throw money at Iran to bolster their production? Albania looks like heaven compared to Iran. How will the leveraged shale players re-finance their debt? The bottom line is that if you don't like or believe the stuff I post, put me on ignore. Then we don't have to exchange ideas any more.
<< Previous
Bullboard Posts
Next >>