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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 Nov 09, 2021 12:43pm
142 Views
Post# 34105401

RE:RE:RE:RE:Hexo will become the biggest company for MMJ

RE:RE:RE:RE:Hexo will become the biggest company for MMJFair enough however it is also reasonable to expect that HEXO management already looked at what they would do AFTER they closed the deals to acquire the new companies.  The sale of and cost recovery of some of the purchase price was likely in the plan.  The company noted more than 20 Million in cost savings across the three acquistions so this will (to some degree) address write offs.  Exact numbers will not be known until the QTR report that comes out has these new develops included.

The Dec 15th report we are waiting on covers Aug / Sep / Oct  2021 and will show the incremental sales / revenues from Zenabis Global, 48 North and Redecan.  The report will also give us another look at the company's cash position.

The report that will cover this new development will come out in March 2022 with that report again showing incremental sales growth etc from the total combined (and much larger) version of HEXO Corp.

Q
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