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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 VeritasVernon Apr 28, 2022 6:01pm
116 Views
Post# 34640482

RE:RE:RE:RE:RE:RE:Remember when Keeler & gang said the F200 deal fell through?

RE:RE:RE:RE:RE:RE:Remember when Keeler & gang said the F200 deal fell through?
Touran77 wrote:
Touran77 wrote:
VeritasVern wrote:
Touran77 wrote:

 

VeritasVern wrote: Likely to contribute to their profitability and the bottom line as much as the beverages have for Hexo - which is marginal. If there is a bump up in the sp I thing that may be the last opportunity to get out. They will likely, announce the 10/1 or 15/1 reverse split at the same time which may mute the gains if any.... Unfortunately the death spiral continues as servicing the debt is too high, while Hexo continues to lose market share. 

 


Verny,  stop pretending you don't know that Beverages number could be great when we can sell in the US (other than CBD and other than only in Colorado for in-store).

Don't you know about Molson's distribution channels?

One thing we agree is that before we know more about the partner, not even the WHO it is, but what kind of revenues we are expecting etc., SP will not increase that much.

As for the death spiral, this is over as Tilray conversion price is set at 0.85 (not the 1.4B outstanding shares you were claiming). There is still the Kaos deal, however with 5M a month, And now that we have corrected 95%, a lot harder to short it. And also Hexo unlocked 80M USD, they shouldnt need 5M a month for a while.

Here we go, another balanced post by Touran, you should try sometime Verny.


Touran


Tonto you sure like patting yourself on the back for the past 2 years while the stock is near its all-time-low, great stuff, ya keep that balanced post coming, beyond the bag-holders not sure anyone else has any use for it. 
You have been saying death spiral ended with the 0.85 Tilray deal but here we are at 0.49 which is a 42% decline...Lol. Randomguy thinks this stock will get heavily diluted with you retails taking more of a punishing kick to what's left of your bag. I agree with him on that.
Bev net income for Hexo is marginal, while Coors is desparate to increase sales beyond beer and dabbling into this market which up to now has contributed little as their stock price has declined from $61 a year ago to $54 today.
The Bev market is saturated in the US so good luck with that plan at least in the near term which is what is pressing for Hexo and not 2-3 year forward.
So we moved from 0.85 which is Tilray support to 0.49. The bottom must be in, or near, why don't you go all in, if there is little downside left? Right you are looking at the charts for daily reversal while ignoring the funamentals which is driving this down and as your intial in, quoted in past as being 50%, but you since have conveniently changed to 30% takes a further beating.  As for the interest payments, don't forget the fees and that would be paid by valuations via the ATM at current prices which continues to dilute. BTW Hexo shares outstanding are now 458.17 million and counting. They continue to lose money so will be needing to issue more shares in the near term, and if they want to expand into the US that was at one point about $65 million but given inflation, likely add another $20 million. We will see what the shares outstanding will be when the dust clears but almost always it is the retails that lose most of their wealth, this scenario has played out many many times and the smart money understands that.
 


 

 

Verny, I read the beginning and was already falling asleep.

What we see right now is the same correction as the others, so no you can't blame death spiral.

Again you are using good argument from others to make yours... don't you have good ones from yourself? Random can say whathever he wants and I mostly agree with what he says, but the 1.4B shares you expected once the note is taking care of is just completely out of the picture with the 0.85 conversion. We are looking at half this right now. Will there be more dilution for expansion, yeah maybe, but that wasn't your comment, your comment was just around paying back the note holder.

Will you miss again a 7X in the SP? Maybe not, we will have to see.

Touran

 


 

 

Whoops miss the part about Molson.
So you think number 1 in Canada and with Molson partnership Truss is going to have a hard time compete with the others? Lol.

Touran



Perhaps stick to what you are at least average at - which is reading charts while you ingnore the shlt hole SSL has put this company in. 
At the time of the Redecan deal, perhaps you were to busy looking at candles and bollinger bands, and may have missed it but I was the first to see that Hexo couldn't afford this deal based on the arrangement and was the first to say that Redecan actually bought Hexo.
Proof is - that the Redecan deal was to give Hexo the valuation of its peers, it has completely failed at that and also that the Note has been the anchor driving this to penny stock valuations with another reverse split needed - brilliant!
Clearly you are still looking for that horse shoe run again and looks like you think drinks in the US is it. The US is saturated with drinks, gummies etc, who gives a rats asse if Molson is involved. As you have pointed out and is understood by all, Truss  is involved in Canada where they have #1, yet it contributes diddly squat to net anyway for Hexo. That has been backed by financial facts but the likes of you seem to think its a huge bonus. 
If the Note has been settled at 85 cents this stock should not be at 51 cents unless it is considered junk bond status and relegated to slum landlord valuations with the worst of the retailers playing it, just like you and others on ths board. Keep holding the bag my friend as that strategy at 13 cents pre has really paid off. 


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