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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 > AKBN's view of the sale
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Post by LordIskander on Mar 30, 2016 6:27pm

AKBN's view of the sale

Watched this interview from Dael Dervishi, AKBN director, who did the Albania media circuit right after the sale announcement
  • As far as the Albanians are concerned the sale is a non-event. Business continues as usual. They do not have to approve the sale of the parent corporation (BNK). Albania only deals with BPAL
  • AKBN has met with several BNK suitors who nonetheless remained only 'potential'.
  • AKBN believes Geo Jade has the capacity to pull this transaction
  • AKBN believes Geo Jade has been pursuing BNK for 2 years.

https://www.youtube.com/watch?v=7ABImU5tZo4&feature=youtu.be
Comment by braincloud on Mar 30, 2016 6:47pm
Thanks Lordy. Nice find! Time will tell.
Comment by dubsbs on Mar 31, 2016 8:49am
Thanks for that..... can anyone translate or know how to translate to english. i tried to google translate but did not work.
Comment by Synch on Mar 31, 2016 9:34am
Le meilleur site pour traduire les langues est :  The best site to translate the languages is: https://www.reverso.net/
Comment by dubsbs on Mar 31, 2016 9:56am
Thanks ...But that website gets blocked due to our internet security protocal.
Comment by dubsbs on Mar 31, 2016 9:57am
Thanks ...But that website gets blocked due to our internet security protocal.
Comment by Alba2014 on Mar 31, 2016 10:12am
I can't listen to the video posted but i found another article which Might be similar to me .. https://www.oranews.tv/ekonomi/shitja-e-bankers-shkak-cmimi-i-naftes-ne-bursa-por-edhe-konfliktet-me-qeverine/ The fall in oil prices in the stock market is considered one of the reasons that led to the decision fo salling the shares of Bankers. According to the head of the National Agency of ...more  
Comment by LordIskander on Mar 31, 2016 10:20am
Not his insistence that the sale is attributable 100% to the oil price, not his governement's shenanigans.
Comment by Alba2014 on Mar 31, 2016 10:30am
Exactly ! ..but It really doesn't matter what is his/others opinions are  at this moment does it ?
Comment by LordIskander on Mar 31, 2016 11:12am
It does not matter that BNK operates in an Al-Banana Republic?