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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 quinlashon Jan 25, 2021 8:22pm
132 Views
Post# 32381612

RE:RE:HEXO Overview / Research Links (Jan 16th Update)

RE:RE:HEXO Overview / Research Links (Jan 16th Update)

I'll see about updating this at some point this week but, again, posting for the benefit of long term investors looking for actual stock related developments

GLTA

Q

quinlash wrote: The ICR video link has the HEXO CEO talking about Colorado expansion as well as the possibility of expansion into other states where current laws governing CBD infused products allow.  Check it out, you can decide if you are looking at a potential big winner in the cannabis space or not.  Also check over the links for QTR report numbers, comments made on the last earnings call etc.

Might be awhile before the US legalizes and the big big gains are possible so, IMHO, you need to be prepared for longer term investing and have the stomach to ride out pullbacks (nature of the beast we call the stockmarket)

DYODD, buy the shares, pass on the opportunity or even short it, your call.

Q
 

quinlash wrote:
For those new to the stock or for those who just haven't gotten around to it, here are some useful links to check out.
 
Recent News / Info:
 
Video HEXO Virtually Rolls out New Belleville Facility
https://youtu.be/nhTKnCRhzv4
 
Interview with HEXO CEO Regarding 2021 Q1 Earnings - Looking Forward
https://finance.yahoo.com/video/hexo-ceo-earnings-cannabis-industry-153825537.html
 
Jan 13, 2021 – HEXO Officially Launches Drinks in Colorado
https://www.globenewswire.com/news-release/2021/01/13/2158006/0/en/Truss-CBD-USA-a-HEXO-Corp-and-Molson-Coors-joint-venture-launches-Veryvell-sparkling-CBD-water-in-Colorado.html
 
HEXO ICR Presentation (52 Min Video) Watch this one, very good, discusses US Sales
https://icrinc.touchcast.com/showtime/icr-conference/embed/6a310d2c-3a67-6022-c73f-165d733a591a
 
Dec 14th - 2021 Q1 QTR Report
https://staticproduction.s3.amazonaws.com/financial-statements/2021/Q1+FY21+Interim+Financial+Statements+FINAL.pdf
 
Dec 14th - 2021 Q1 - Earnings Call Transcript
https://news.alphastreet.com/hexo-corp-hexo-q1-2021-earnings-call-transcript/
 
Note:  HEXO's 2021, Q1 report on Dec 14th showed an EBITDA gap of 420k and a record high for sales with their share of the drink market overtaking Canopy Growth despite only being on the market for a few months.  HEXO’s 2021 Q2 Report is expected out Mid-March 2021
 
Link to News Regarding Canopy Growth Head of Drinks Departing and HEXO market share
https://420intel.com/articles/2020/12/11/canopy-growth-beverage-head-depart-amid-sluggish-drink-sales
 
HEXO, in addition to reporting the highest sales-to-date in the history of the company also issued a News Release indicating that they see no need to issue any additional shares in order to raise working capital.
 
Taken from HEXO News Release
 
"In light of our solid financial position, and most notably our excellent liquidity and cashflow position, we do not see the need to conduct further rounds of financing in the near future"
 
Link to full News Release Referencing no need to raise additional capital
https://www.globenewswire.com/news-release/2020/12/22/2149236/0/en/HEXO-Corp-Announces-Lapse-of-Base-Shelf-Prospectus.html
 
 
HEXO is Partnered with Molson-Coors to form a JV Company called Truss.  They have two JVs with Molson now, one for Canada and one for the US.  Molson has also partnered with Coke to rollout a Mexician drink into the US.  No mention by Molson or HEXO if something more will develop with Coke for the Cannabis space.
 
Link to Molson / Coke Deal
https://www.msn.com/EN-US/money/companies/molson-coors-to-bring-coke-s-alcoholic-topo-chico-to-u-s/ar-BB19xmoa

Molson recently teamed up with Dwayne Johnson (“The Rock”) to sell Energy Drinks
 
Link to Molson / Dwyane Johnson Partnership
https://www.msn.com/en-us/money/smallbusiness/dwayne-the-rock-johnson-partners-with-molson-coors-for-nonalcoholic-energy-drink/ar-BB1cEP6r
 
 
Research Links:
 
HEXO - Price to Sales Ratio Data
https://ycharts.com/companies/HEXO.TO/ps_ratio
 
HEXO - Daily Shareprice Data 
https://ca.finance.yahoo.com/quote/HEXO.TO/history/
 
Note: Charts show the Golden Cross formed Dec 3rd
 
HEXO - Investor Relations Homepage - QTR Reports (Also see www.sedar.com for more details)
https://www.hexocorp.com/investors/
 
HEXO - 2020 Year End / Q4 Call Transcript
https://www.fool.com/earnings/call-transcripts/2020/10/30/hexo-corp-hexo-q4-2020-earnings-call-transcript/




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