Bullboard - Stock Discussion Forum Financial 15 Split Corp T.FTN

Alternate Symbol(s): T.FTN.PR.A | FNNCF

Financial 15 Split Corp. is a mutual fund company. The Company’s investment objectives with respect to the preferred shares are to provide holders of preferred shares with cumulative preferential monthly cash dividends in an amount fixed by the board of directors on an annual basis. Its investment objectives with respect to the Class A shares are to provide holders of Class A shares with... see more

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TSX:FTN - Post Discussion

Financial 15 Split Corp > FTN in realtime UNIT NAV now @ $16.16

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Post by mouserman on Oct 13, 2023 10:03am

FTN in realtime UNIT NAV now @ $16.16

Now showing a gain since Sept 29 for the frist time in a while.
Value of the commons here is $6.16 and last trade @ 6.64 means a very low premium of 48 cents... it s a buy based on latest Earnings reported by the 3 US banks today.

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Comment by Golferman on Oct 13, 2023 10:06am

Agreed sediment towards banks and their earnings should now change. Golferman

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Comment by mouserman on Oct 13, 2023 10:10am

I think going into ex dividend date we will see a lot of buying in FTN just for the big distribution to commons. Unless of course there appears negative news on interest rates hikes etc.... of bank system failures in the smaller regional banks.

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Financial 15 Split Corp