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Bullboard - Stock Discussion Forum Big Banc Split Corp T.BNK

Alternate Symbol(s):  T.BNK.PR.A

The investment objectives for the Preferred Shares are to provide their holders with fixed cumulative preferential monthly cash distributions in the amount of $0.05 per Preferred Share ($0.60 per annum or 6.0% per annum on the issue price of $10.00 per Preferred Share) until November 30, 2023 (the Maturity Date) and to return the original issue price of $10.00 to holders on the Maturity Date... see more

TSX:BNK - Post Discussion

Big Banc Split Corp > Gotta give management A LOT of credit here
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Post by humblepie on Dec 04, 2015 9:05am

Gotta give management A LOT of credit here

I see others have phoned Bankers.

It would be wrong to think that one would find some material "news" about it all, by phoning the company.

One should ask oneself, 'did you really think they would tell you something material?'

Even if they knew something material, they are not going to release it to you ...on the telephone.

Correct? But we all knew that, didn't we. ;)

But folks are nervous. I get it.

I phoned too, a few days back. However, I didn't seek "news" about what's going on, news that really needs to come out in an IR.

I had definite questions about the approach and sought to hear how the people that work for us are handling it. I knew what I intended to ask before I phoned up. I knew what NOT to ask, for they couldn't answer.

I have to say, I was infused with confidence because our people there are doing the right things. They are "on the ball".

Needless to say, this is not the first time these foolish Albanians have behaved in such a poor manner. Like thugs. Foolish, sheepherders in suits parading themselves around like 'somebody's'...

Albania has tried to screw-over other corporations, bigger than us, in the past. They have rocks for brains. Really, what did investors expect out of these Albs...?

Bankers has in-place the needed verbiage to take care of this. OUR people are not stupid. If one goes down a dark Albanian alley, one needs to 'come packing' and have the training necessary to overcome whatever dark forces one will meet.

Buying opportunity just ahead.
Comment by trader99999 on Dec 04, 2015 9:22am
Humble, you may be right about management's actions...however, one thing that has run away from them is the significant downturn in the share price and therefore company valuation.  I think that should have been handled better.  If there is no managemnet update today and the price continues to plumet, I can't give management koodos for how it has been handled at all.
Comment by humblepie on Dec 04, 2015 9:30am
I hear what you say, but please... Fill in the blank on the below "for instance". They could have (.........blank..........)
Comment by marty1234567890 on Dec 04, 2015 9:31am
I agree with this.  Bankers should be updating us, shareholders, on a more regular base.  The shares price is down quite a bit.  I find that strange. 
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