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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

Post by Coolsonon Oct 20, 2018 3:52pm
157 Views
Post# 28841372

Hexo forecast

Hexo forecast
I just wonder what the recent selloff mean, I hope it is the event sales and all will setlle soon.
Correct me if I am wrong but:

8500000 people x 21gr(as per stat can) =178,500,000 gr the contract signed for "57 tons minimum  but no set maximum"

I wonder who will cover the shortages?? Do they expect that black market will represent 68% after legalization???
As per stat can black market will decrase to 24% after 1 year. So 2019 looks preetty good:

178500kg *0.76=135.66 tons

If you would like to confirm that the maximum is not set HEXO should be able to sell:

Based what they mention that they will cover 32 % of the market in Quebeck:

135660000*0.32=43,411,200 ----looks like average for the first five years

Also Sebastien said something about average price of $ 5.40

43411200*$5.4=$234,420,480 Revenue very conservative I would add 20% opportunity factor

Analysts put 0.425068 EBIDA to Rev Factor

234420480*0.425068=$99,644,644




Industry grows 28% 1 2 3 4 5 6 7 8 9 10
Discounted 8%  $        99,644,644.00  $  127,545,144.32  $  163,257,784.73  $  208,969,964.45  $  267,481,554.50  $    342,376,389.76  $  438,241,778.89  $  560,949,476.98  $  718,015,330.54  $  919,059,623.09
Discounted  Value  $2,226,272,348.50                    
Shares  194310000                    
Value per share  $11.46                    
                       


Let me know what do you think I really like Hexo since I belive it is the only company with tangible value.

Thanks



 



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