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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

BLACKROCK Municipal Income TRUST > It will take few quarters to see benefit of redecan and zena
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Comment by Keeleron Jul 30, 2021 1:21pm
47 Views
Post# 33632652

RE:RE:RE:RE:RE:RE:It will take few quarters to see benefit of redecan and zena

RE:RE:RE:RE:RE:RE:It will take few quarters to see benefit of redecan and zenaquinlash - (7/30/2021 1:12:59 PM)
RE:RE:RE:RE:RE:It will take few quarters to see benefit of redecan and zena
Debt should never be ignored however total debt is less important than a company's ability to make monthly installments to address the debt.  I am seeing HEXO servicing the debt each QTR so the debt factor is not a major concern of mine for the time I am planning on being on the stock


Just an idiot.
What about little debt - and the cash going toward paying for expansion rather than on interest payments?
Hexo will NOT be able to service the debt wuthout additonal financing. It's not bashing - it's just fact.
You need free profit and cash flow and Hexo is a cash burning cow. Zena alone was on the verge of bankruptcy - and could not service it's debt, Hexo operates at a loss - what magic wand is SSL waving to make cash appeaar? And I mean bottom line cash - not gross sales.

The magic wand is called 'additonal financing' - investors will have to pay for SSL spending
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