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 > 52 Weeks low???

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Comment by ridingrocketson Nov 23, 2021 10:55am

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Post# 34156978

RE:RE:RE:RE:52 Weeks low???

Hey keekerboy didnt you say an hour or so ago you had to go to work or something? All you have been doing is posting here. Makes sense.....

BK is not on the table - the concerns regarding HEXO and cash relate specifically to CAPEX and 2023 Debt. 2023 debt is the primary concern. THAT is a long time from now. WHAT happens when HEXO gets closer to FREE CASH FLOW come spring? Will they find a lender willing to loan them cash at a favourable term? OF COURSE THEY WILL! Thats is exactly what institutions want when they loan money: FREE CASH FLOW

BTW they have since announced they anticipate synergy savings in excess of their intial 35m statement. How does that impact cash required for day to day operations? You know the cash flow that truly matters when discussing BK?

VeritasVern wrote:

Touran77 wrote:

Keeler wrote: I do! I do! Been saying it for months, by geez!
As for a buyout - why would any Canadian LP do that? IF (and that's a big IF) Redecan was worth $1 billion - Hexo would be worth $1.5 billion?

Why would a LP buy half empty/vacant facilities to gain sales?

Listen up you creatons - the sales dont 'disappear' if Hexo shuts down. The other Canadian LPs will pick up that market share without having to buy out Hexo. Dont be such tontos!

Hexo's ONLY soltuion to survive is US legalization - and a US MSO buys them out. But it will be piece meal and it will be at a ridculous discount. Hexo investros are screwed even if Hexo is bought out.

BodDayTrader99 - (11/23/2021 10:21:36 AM)
52 Weeks low???
This is really fkggggggg bad now, now I smell bankruptcy, anyone else smells same??

You also said Hexo was a hold at 9.
Also bought at 3.04 CAD.
Also bought lower to bring you average down to 2.65 CAD.
After that you sold.

And those are the buys and sells you mentionned on the board. Lots we don't know about :).

Let me try your game so that I can say in a few months that I was right!
Hexo will be between 0.50 CAD and 50 CAD by the end of March! :).

Tonto

Tonto you are losing it man. Give it up Keeler has been mostly correct all-the-way down. FYI Hexo is now worth 36 cents pre-split, lol. I guess the runup in the past year was mostly smoke and mirrors as we are down from even the lowest point on-record....