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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

Post by Lappy001on Oct 18, 2020 8:39pm
177 Views
Post# 31736929

Should be a fun week

Should be a fun week

HEXO should advise sometime this week, hopefully early in the week, the date they will be reporting their Q4 earnings that are expected next week.

The 2020 FY covers the period of August 1, 2019 to July 31, 2020. 

The consensus is net sales of 18.9 M USD.
(or roughly 24,91 M CAD.)

https://www.zacks.com/stock/quote/HEXO/detailed-estimates

Personally, I think the net sales will come in well above 25 M CAD and I'll risk myself and say between 27 and 29 M CAD; well 28 M CAD to be specific.

So yeah, my feeling is that earnings will beat expectation; so I too think the stock price will start rising sometime https://www.zacks.com/stock/quote/HEXO/detailed-estimatesthis week.


Therefore as I said, should be a fun week and good luck to all investors.

Cheers!

Lappy

 

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