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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 Mar 05, 2021 9:33am
115 Views
Post# 32726668

RE:WEED 25B$ market cap

RE:WEED 25B$ market capMarket Cap is simply calculated by multipling the shareprice by the number of outstanding shares so that Market cap number floats around as the shareprice changes.  In order to compare Canopy to HEXO you need to look at the Price-to-Sales Ratio numbers.  This calculatation compares the price of the shares against the amount of sales the company is making and allows traders to determine how well the market is pricing different companies based on how much cash they are pulling in.

While Canopy was trading at $45 to $50 the PS-Ratio was actually in the 40 to 50 range.  Even with HEXO trading at $10 CDN the PS-Ratio is only 9.5.  For market to price HEXO at a comparible level to Canopy the PS-Ratio on HEXO would need to move up to that 40 to 50 range which would put shareprice at $44 per share +.  Hexo's all time high PS ratio was 244... that PS-ratio (if ever seen again) puts the shareprice of HEXO around the $309 mark.

Over the weekend everyone should really learn the PS-ratio, work up some spreadsheets to make the calculations easier to run and then consider working out the numbers a second time based on small upward trends in HEXO sales over time.







ArnoldLayne wrote: In february 2021, Canopy growth market cap reach over $25B. Hexo market cap was around $1.5B. Compared to its peer, its incredible how Hexo is undervalued. Hexo sp is shaping up for a ten baggers .... In 2021 ? I love ten baggers !!! Thanks to short sellers for keeping it down. Each share you sell short is now in strong hands ready to ride it up:) GLTA


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