BLACKROCK Municipal Income TRUST V.BFK.P

Primary Symbol: BFK

BlackRock Municipal Income Trust (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to provide current income exempt from federal income taxes. Under normal market conditions, the Fund invests at least 80% of its managed assets in investments the income from which is exempt from federal income tax (except that the interest may be subject to the alternative minimum tax). The Fund may invest directly in securities or synthetically through the use of derivatives. The Fund's investment policies provide that it invests at least 80% of its total assets in investment grade quality municipal obligations issued by or on behalf of states, territories and possessions of the United States and their political subdivisions, agencies or instrumentalities, each of which pays interest that, in the opinion of bond counsel to the issuer, is excludable from gross income for federal income tax purposes. Its investment adviser is BlackRock Advisors, LLC.

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BLACKROCK Municipal Income TRUST

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Comment by hrgoyalon Jun 08, 2018 6:42pm

198 Views

Post# 28148540

RE:RE:RE:Market reaction

Thcx SP is based on following math 101:

by 2019, Thcx will b producing 106 MT, say 100 MT on safer side

the production cost is $1 per gm. Add $1 per gm for overhead and other expenses

average selling price is $4 per gm . So profit is $2 per gm or $2M per MT or total profit $200M

200M shares and at P/E of 10, SP should be $10

now anyone can change the number they wants to suit their perception.

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