Post by
CrazyTrader on Jun 03, 2024 10:54am
Bottom Line for Prefers.... YES or NO.... Will dividends
continue to be paid for forseeable future?
If No.... BPO basically worthless
If Yes.... Does current yields, reset yields make sense relative to rest of the market?
So far I'm in the camp "Yes"..... and so Current Yields/Reset yields don't make sense, they are too high. So, share prices will rise.
I think the best outcome for BPO Prefers is a small reduction in rates, just enough to cement the "YES" into the market.... but not so much that Dividends drop alot.
Comment by
SONOFFERGUS on Jun 03, 2024 12:40pm
First point correct. Second point and third points need homework. BPO is a risky biscuit compared to the market basket. What are you comparing to? Fourth point on point -- and one I made recently (since you like to gather good insights, claim as your own, and pat your little head when you puke them back up).