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Financial 15 Split Corp T.FTN

Alternate Symbol(s):  T.FTN.PR.A | FNNCF

Financial 15 Split Corp. is a mutual fund, which invests in a portfolio consisting of over 15 financial services companies. The Company offers two types of shares, such as Preferred Shares and Class A Shares. Its investment objectives with respect to Preferred Shares are to provide holders of Preferred Shares with cumulative preferential monthly cash dividends in an amount of over 6.75% annually and to pay the holders of the Preferred Shares approximately $10 per Preferred Share on or about the termination date. Its investment objectives with respect to Class A Shares are to provide holders of Class A Shares with regular monthly cash distributions and to permit holders to participate in all growth in the net asset value of the Company over $15 per unit, by paying holders on or about the termination date such amounts as remain in the Company after paying over $10 per Preferred Share. The Company’s investment manager is Quadravest Capital Management Inc.


TSX:FTN - Post by User

Financial 15 Split Corp
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Comment by navgodon Jan 27, 2019 5:51pm
131 Views
Post# 29287225

RE:MY GUIDE SAYS FTN WILL REACH 10+ IN MARCH/ APRIL

RE:MY GUIDE SAYS FTN WILL REACH 10+ IN MARCH/ APRIL
ryangazder wrote: The hedge fund manager (my best friends uncle) who manages over 250 million on the NYSE says FTN may go up to 10+ by MARCH/ APRIL, because people will realize banks will do well over the next 3-5 years.

he did not mention why he feels that way and everything is obvioisly speculative.

can anyone here shed light on why he may have felt that way...?? whats could be the story behind an outlook like that?

He also says that FTN's actual P/E should be considered at $8, and not $5, and FTN class A shares, under 8 dollars is a 100% buy.

again. why??

(Disclaimer - you place any buying decisions based on what you hear me say at your own risk)



Maybe he is as fecking nuts as you are! Your posts are getting more and more bizarre --- time to take a break.


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