Canadian Banc Corp T.BK

Buzz on the Bullboards: Bombardier, world woes, a smart fridge, and top shelf weed

[Jonathon Brown]

A highlight of the week was Bombardier (TSX:BBD), which reported impressive growth in its Q3 2024 results. read article.

[mouserman]

Showing a gain of 3 pennies since the 15th, and doing better here than FTN or FFN.. which have negative totals  since the 15th. BK common shares are valued at about 12.19 before dist. and with

[PressRelease]

TORONTO, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Canadian Banc Corp. (The "Company") declares its monthly distribution of $0.14438 for each Class A share and $0.06208 for each Preferred share. Distributions are payable December 10, 2024 to shareholders on record as at November 29, 2024.Under the...read article.

[mouserman]

So came in lower by 4 pennies than on my spreadheet. Not too surprising as  % weightings may have changed.  Will try and tweak some of the holdings to adjust.

[mouserman]

Showing a gain of only a penny, as the US based stocks all took quite a beating today with the USD falling nearly 1%  vs CAD, on top of the losses .

[mouserman]

Spreadsheet showing a gain of about 86 cents since OCT 31 , which looks great until compared to LFE,  LCS, LBS, FTN and FFN.. which all gained considerably more. With a lower UNIT NAV.. BK last

[mouserman]

Spreadsheet showing a gain of about 77 cents since the udpated numbers oct 31... with the last trade @ $11.61 the  the discount is 50 cents or about 4.1 %.  CAD banks did not fare so well

[flamingogold]

Very rare but it is happening. However, Trump tariffs could blow a tire off the landing gear. Expect some turbulence ahead once he takes over, especially if he tries to remove Powell. "No

[mouserman]

FP/wire say RBC's Mihelic sees "mortgage war" coming Royal Bank of Canada (C:RY) Shares Issued 1,415,074,558 Last Close 11/12/2024 $172.75 Wednesday November 13 2024 - In the News

[mouserman]

UNIT NAV Gains now showing  81 cents since OCT 31, and altho that isnt as high as many of the split funds , particularly in %... it is still very good as far as compared to BK normal  

[flamingogold]

I own both and bought SBC slightly after BK. The latter seems to get more attention on these boards, yet SBC is actually outperforming BK in the last year.

[mouserman]

BK showing a gain of 69 cents since the updated numbers  OCT 31.. Cash position was at 14% at OCt. 31... Commons would have a value of $11.03 and the discount would be  37 cents with the

[mouserman]

Showing a gain of about 65 cents now since the OCT 31 numbers. US holdings lost quite alot today, and so down a bit from yesterday. BK now  valued at $11.99 and with the last trade @ $11.52 , it

[mouserman]

So showing a nice gain of over  71 cents since the update OCt 31, and normally one would be happy with that.. BUT several split fund commons had gains over a dollar in that same time period. The

[mouserman]

Bank of Canada Half-Point Cut Triggered Worries Over Rate Expectations, Minutes Say OTTAWA—Senior Bank of Canada officials agreed on a half-point rate cut to help a weak economy, although some

[mouserman]

Quadrqavest updated the UNIT NAV for BK, and it came in @ $21.55 before distributions... so was dead on. AFter distributions BK UNIT NAV was @ $21.34