Laurentian Bank of Canada T.LB

So....

[88guy88]

it looks like TD and Scotia are out and likely National now too and RBC is out with their HSBC acquisition.....
 
interest is waning and less players means a potential stink bid....and likely BOD will not be able to accept any bid far off the $55 to $60 bid....after all book value is just under $60

so they get a low bid and decline and carry on but the price is gonna TANK back to low 30s

this is much more risky than investors think.....just because its a bank stock and paying 4.75% dividend that does not help you if you have a loss from $40 to $32 is and that is a loss of 20%....so your dividend will take 5 years just to get you back to even....

[dogatcat]

Haha....are you stil on your meds?   You go back and forth like a wind sock. That deal with SVB actually strengthens the deal for National to buy LB.   (Bloomberg) — National Bank of Canada’s deal for Silicon Valley Bank’s Canadian commercial loan portfolio will give it more exposure to higher growth industries and still leave the Montreal-based lender with enough capital to

[dogatcat]

Even after the transaction, National is still viewed as “the best fit among the Big Six banks” to acquire Laurentian Bank, according to Veritas Investment Research analyst Nigel D’Souza, responding by email. 

[88guy88]

dogatcat...you are gonna lose your shirt when this tanks back to $32.....I was interested in the stock for it to get to $50 plus but that is a foolish bet.....yes I changed my mind after looking at all the FACTS....interest in waning fast and this is likely to not get a reasonable offer and the BOD will go back to business as usual and back to low $30 I think you post so much pump because you are

[dogatcat]

I own shares at around $33. I bought on the recommendation of Ross Healy at BNN.  I think you are now are so negative that you are convincing yourself there is no interest in LB because you are worried you could have made a lot of easy money.   You sold at a loss and now you are like short seller, wanting others to lose as well.    You post false information just to help

[dogatcat]

Not one analyst has said RBC was out of this because of their HSBC buy.  But 88 has already posted they are out of the running.   Funny how he lies to himself.