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.

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BLACKROCK Municipal Income TRUST > >>> Hexo loses $19.5-million in fiscal Q3 <<< Ouff!!.. ?????

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Comment by HARJAYon Jun 11, 2020 9:16am

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Post# 31137843

RE:RE:>>> Hexo loses $19.5-million in fiscal Q3 <<< Ouff!!.. ?????

Do you seriously think tht with these no's the mkt. will not reflect the improvment since last qtr. The overall stock mkt. will be a basket case today becuase of speculation of covid resurgence but HEXO will be recognized for better results qtr over qtr.. In the short run it may be manipulated by day traders but over time as they improve their no's they will be rewarded for their effeorts.
My opinion only

Gross revenue increased 30% to $30.9M from $23.8M in Q2'20, and from $15.9M in Q3'19. Net revenue increased 30% to $22.1M from $17.0M in Q2'20, and from $13.0M in Q3'19.

Operating expenses decreased to $26.8M compared with $281.5M in Q2'20, and from $46.9M in Q4'19.

During Q3'20, the Company's calculated adjusted EBITDA increased to ($4.3M), compared with ($8.5M). This represents a 50% increase