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

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TSX:BNK - Post Discussion

Big Banc Split Corp > $$$$$$$

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Post by dubsbs on Mar 17, 2016 3:14pm

$$$$$$$

I don't know about anybody else but braincloud's posts has played a big part in my DD and made me a lot of money on BNK the past 4 years . Four years ago I rode it up and I'm hoping to do the same this time.

cheers

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Comment by LordIskander on Mar 17, 2016 3:21pm

This time it's an BRENT call not a stock call. Whole different ball game. While i think Brent will be recovering like crazy in 2017 the risk associated with this call is orders of magnitude higher than when Braincloud plunged in to BNK. That being said, it is a company doing biz in a country with a bad reputation and that discount (i'm measuring it using Price/Cash Flow ) will persist ...more

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