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Purpose Canadian Financial Income Series A T.BNC

The fund seeks to provide shareholders with (i) long-term capital appreciation through investment in a portfolio of Canadian Banks (defined below) (up to 70% on an equal weighted basis) and Canadian Insurance Companies (defined below) (up to 30% on an equal weighted basis) and (ii) monthly distributions.To achieve its investment objectives, the fund will invest primarily in equity securities of Canadian Banks (up to 70% on an equal weighted basis) and to a lesser extent Canadian Insurance Companies (up to 30% on an equal weighted basis). portfolio of Canadian Banks (defined below) (up to 70% on an equal weighted basis) and CanadianInsurance Companies (defined below) (up to 30% on an equal weighted basis) and (ii) monthlydistributions.


TSX:BNC - Post by User

Post by somweyungguyon Sep 16, 2016 1:43pm
262 Views
Post# 25245719

Feels like PLI was an intentional choice...

Feels like PLI was an intentional choice...Not only is the valuation absolutley outrageous...

We have the Beech Boys commenting on it as it moves pennies higher.

It doesn't smell...it flat out stinks - IMHO

I think they lost 56M last year and have a market Cap of 1.8 BILLION

A small group of shareholders are gathering this weekend to discuss "next moves": - inbox me if you want an invite.

We'll start by helping the company find the recipe for Ecoli0157 vaccine, the one that Mrs.Claus accidentally put in Rudolph's poop bag.
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