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 > End of Day NAV Jan 17 - $21.13

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Post by Golferman on Jan 17, 2025 8:32pm

End of Day NAV Jan 17 - $21.13

Just fixing my error in my lst post

My spread sheet is now showing the end of day NAV for Jan 17 @ $21.13 or $11.13 for the commons .... this now puts the common share price at a discount to the NAV of 13.67% with the last trade of $9.61.

Another nice day for the NAV!... still trading at a good discount.

Golferman

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Comment by mouserman on Jan 19, 2025 9:43am

Spreadsheet came out a bit higher, but i have changed all values to JAN 15 and had the exchange @ CAD @ 69.01 cents USD. So may be some difference there. Discount is right around 14%. FFN discount is bigger @16.67 %. US banks have been the bomb of late. CAD financials struggling in comparison.

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Comment by Golferman on Jan 19, 2025 1:04pm

What was your end of day calculation for Jan 17 after the update? Golferman

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Comment by mouserman on Jan 20, 2025 9:02am

After a few adjustments. ... it came out to $21.16

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Financial 15 Split Corp

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

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