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Life & Banc Split Corp T.LBS

Alternate Symbol(s):  LFBCF | T.LBS.PR.A

Life & Banc Split Corp. (the Fund) is a Canada-based mutual fund company. The Fund's investment objective is to provide holders of Preferred shares with fixed cumulative preferential quarterly cash distributions and to return the original issue price on the maturity date, and to provide holders of Class A shares with regular monthly cash distributions and the opportunity for growth in Net Asset Value per Class A share. To achieve these objectives, the Fund invests in a portfolio comprised of common shares of approximately six Canadian banks and four publicly traded Canadian life insurance companies. The Fund also writes covered call options and cash-covered put options in respect of the portfolio to generate additional distributable income for the Fund and/or to reduce the volatility of the Fund. The Fund's investment manager is Brompton Funds Limited.


TSX:LBS - Post by User

Life & Banc Split Corp
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Comment by JohnWalkeron May 21, 2019 6:36pm
26 Views
Post# 29761367

RE:RE:RE:RE:RE:RE:LBS is a trader's dream.

RE:RE:RE:RE:RE:RE:LBS is a trader's dream.
wheeloffortune wrote: Daytrading AMD at 16.6x p/bv and no divy is for fools


Do you even know what daytrading is. Daytraders don't look at weather a stock is paying dividend or not because they DON'T HOLD the stock to receive dividends. Daytraders don't look at Price/BV ... in fact they don't look at fundamentals at all. They look for a range that the stock moves within fairly reliably day after day. They buy near the bottom of the range and sell near the yop of the range - buy and sell in the SAME DAY.

You've been spouting nonsense on this forum for long enough. First you proved you didn't understand how split share corporations work and now you're proving you don't understand how day-trading works.

Please sit back and observe and learn from others. I generally don't like to place people on ignore because generally everyone's opinion has SOME value. But in you're case I'm very close to making an exception.

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