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 has a very bad P/S ratio

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Comment by SLITHERNon Jul 24, 2021 11:18am

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Post# 33600791

RE:RE:RE:RE:RE:RE:Hexo has a very bad P/S ratio

Sir in previous posts you have stated that the stock market is forward looking - anticipation and I agree, but if what you say is true, why are investors not flocking to this stock? Because you are stating half truths only, and not the entire story. Why? That is your decision.

There are some serious issues with HEXO as an open minded investor I keep an eye on, aside from some positive aspects. One must always keep in mind that HEXO like ACB both completed RSs. Not the end of the world, but it signals some underlying financial concerns for investors. Both stock trade today in US funds close to 1$ pre-RS which cannot be ddiscounted.trying to relate HEXO and ACB to other companies is seriously flawed in investing terms.

As an investor in HEXO I am closely watching, aside from positive developments:

1. Continued share dilution - continued expansion will require additional capital
2. Higher debt levels and growing
3. The loss of share in Quebec market that IAW the CEO might not be fixed until 2022, if at all.
4. Next 2 quarters reported likely will not see a return to previous numbers.

So I wait.

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