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 > EBITDA POSTIVE - WHAT WAS REALLY SAID??

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Comment by VeritasVernon Dec 16, 2021 2:39am

105 Views

Post# 34235547

RE:RE:EBITDA POSTIVE - WHAT WAS REALLY SAID??

Rotaluceps wrote:

Quietinvestor wrote: "And so, we believe right now, although not asked and haven’t said that loud, but we believe that we will get to EBITDA positive in this quarter, Q2. So that’s what our goal is and we’ll see how that works out." TM

Does not sound too convincing.

DYODD

After all these years, not profitable yet. Only EBITDA.

They have been saying they are going EBITDA positive for two years now so that comment is worthless and the market action is showing that. Trent has either resigned or been fired after a brief period as CFO, so how many CFOs have they replaced now? What good CFO would want to taint their reputation working for an on-the-ropes dilutive pig losing money each quarter?

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