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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.


NYSE:BFK - Post by User

Comment by BUYING4MEon Jun 25, 2018 7:34am
300 Views
Post# 28222491

RE:Get on the train Carlito!!!

RE:Get on the train Carlito!!!We are on the train, the article has HEXO as the #2 suitor for Molson / Coors.  A few weeks ago the CEO of Aphria was trying to bash HEXO saying they're using tricky accounting to achieve the lowest cost per gram, and that they'd be ready to take over any contracts HEXO couldn't meet the demand for....

In hindsight I'm wondering if he wasn't frustrated about Molson Coors... here is why I think this;

1)  HEXO cost per gram is lower than APHRIA.  Molson isn't growing weed, so they're not selling it.  They sell BEER.  They therefore need the lowest cost per gram to make money on BEER.

2)  Why would Aphria CEO get upset over Quebec deals months after it was announced?  Why would he think HEXO couldn't meet Quebec supply contract?  Maybe he's thinking they can't meet another 'big' contract?!?

3)  HEXO CEO in an interview a few weeks ago also stated they were looking at a way to get 15-20 feeling after consumption, almost exactly what Molson / Coors is looking for...

If Aphria get this contract, congrats.... but I think HEXO has a chance at it

saveyourselfnow wrote: https://midasletter.com/2018/06/is-aphria-inc-the-front-runner-in-the-molson-coors-sweepstakes/




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