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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 INVINCEon Mar 31, 2020 9:04am
103 Views
Post# 30863371

RE:In perspective

RE:In perspective You are aware Hexo Corps cash burn exceeds more cash then its making. This last quarterly result is a major problem.  Don't blind yourself with actuality.  Simply put net revenue is Hexo's goal of priority.  To get back in the game Hexo Corp really needs to impliment some more drastic moves


Greenshooes wrote: Putting the recent Hexo results in perspective includes a 1 time write down. The money lost after that was roughly 40 million by Hexo. Growing pains..Hexo must align operations expenses with revenues going forward or Hexo will pay going to market for funding along with investors. The good news is Hexo has some time in hand in comparison with other companies. Simply put, Hexo has 85 million in operations producing 24 million in revenue. These numbers need to get closer aligned. Hexo still has opportunity going forward with O Stash though the price point in Ontario is $15 too high emo. These minor details will get worked out prices for marijuana will have to come down even more yet if recreation companies like Hexo are going to capture black market share. I like that Hexo is expanding into the Original Stash brand with Original Hash...Shooes


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