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 > Q4 Breakeven? Why would anyone sell Now?

<< Previous

Bullboard Posts

Next >>

Comment by Jefe127on Sep 24, 2020 11:41am

49 Views

Post# 31611493

RE:Q4 Breakeven? Why would anyone sell Now?

ATTENTION: my favorite parts, profitable in Q1 of 2021 and book value of over $3.
GO HEXO!!!! LONG and STONG, BUY and HOLD!!! almost there...woohoo!

Giocatorei wrote: Sales last qtr were $22 million. With a 40% increase it brings it to $30. Then there are sales to Truss, Israel and the increased products Vapes Original Stash. There is saome double counting because this is avery rough calculation. So if Gross margin are 40% - $60 million brings us to break even. If HEXQ don't reach break even this quarter, It is going to be profitable in Q1 of 2021.

Then there is a Now book value is meaningless if a company loses money but HEXO is 1 qtr away from profitability. There are 1000 retail stores in Canada and the numbers are increasing every day. Every new item that Hexo introduces has sales when it is put on the shelves of 1000 stores and the various warehouses. All the new products are as good as or better than the competition. They are selling. Sales will increase both with increased Store sales and with an increase in number of stores. So go ahead and short!