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

BLACKROCK Municipal Income TRUST > Ouff!!!. >> Hexo loses $298.2-million in fiscal Q2 << Ouff!!

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Comment by quinlashon Mar 30, 2020 1:18pm

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Post# 30860618

RE:RE:RE:RE:RE:RE:RE:RE:RE:Ouff!!!. >> Hexo loses $298.2-million in fiscal Q2 << Ouff!!

You need to take into consideration the increase in sales (organic) plus whatever the panic buying brought in minus the cost reductions, minus the one time expenses incurred on the report. You can also adjust by the number of stores expected to be added to ON in the upcoming qtr and the market share HEXO will have of that.

The formula is not as straight-forward as saying they need 100mil in additional cash. The calculation needs to take into account the time needed to bridge the gap to profitability.

Q