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

Post by braincloudon Mar 07, 2016 12:30pm
134 Views
Post# 24630371

Oily

OilyYou can call me rude, brash an a$$ etc. It really doesn't mean anything to me. It's just when someone posts erroneous information like what JUDAH posted below then pounces on me for not knowing my sheit. I asked him politely to justify his freakin P/E number. That's it!! He blindly took it as being accurate. Then he argued and started the name calling in subsequent posts. That's when I lose my sheit. Judah said: Meh, not so fast there. Just quoting the source I mentioned (TD waterhouse - as well, saw a P/E from another source yesterday and today listing 3.94). They didn't have those numbers in the trailing. As well, research reports are quoting their current P/E as being lower versus their peers. Book value is a metric as well. Whether you use it or not, does not discount it for others. I don't base my buying/selling decision based on it. But I use it as a guage when trying to evaluate whether a stock it mispriced. Just because a stock is down, doesn't mean it is still good value. In a sense I use it to judge how compelling an upside may be versus a downside risk. It is a one measure of a company
<< Previous
Bullboard Posts
Next >>