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Bullboard - Stock Discussion Forum Laurentian Bank of Canada T.LB

Alternate Symbol(s):  LRCDF | LAUCF | T.LB.PR.H

Laurentian Bank of Canada (the Bank) is a Canada-based provider of financial services to its personal, commercial and institutional customers. The Bank operates in Canada and the United States. Its segments include Personal Banking, Commercial Banking and Capital Markets. The Personal Banking segment caters to the financial needs of retail clients. The Commercial Banking segment caters to the... see more

TSX:LB - Post Discussion

Laurentian Bank of Canada > Lorne Steinberg comment on BNN
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Post by 88guy88 on Aug 04, 2023 12:53pm

Lorne Steinberg comment on BNN

LB is not that much of a prize....does not know if they will be bought out....there is little interest so far.....he made it sound like the only interest a bank would have would be for the assets but not really for the locations or outdated infrastructure....systems
Comment by DeanEdmonton on Aug 04, 2023 1:02pm
Funny, I think I heard myself say that 4 weeks ago and a few times since, but none of use Hob Knob with the Laurentian Elite so what  the heck could we know about it. Only chance LB has of being bought as an operating entity is if someone out of country wants to get into the Canadain Banking business, which histrorically has not worked out very well. There is a reason HSBC sold out to the ...more  
Comment by dogatcat on Aug 04, 2023 5:04pm
You don't know anything about it.  You will disappear when this bank is sold for $50 plus.   Great day today with some strong buying.   Back up the truck under $40!!  
Comment by dogatcat on Aug 04, 2023 5:06pm
Funny thing is you said analysts don't know squat now you are listening to Lorne Steinberg, the biggest blow hard BNN can find. He is always trying to line his own pockets exiting his Top Picks after the show airs.  
Comment by rad10 on Aug 04, 2023 10:29pm
  lol - the guy who recommended Deutsche Bsnk just before the wheels fell off?  
Comment by Northforce13 on Aug 04, 2023 10:36pm
"He is always trying to line his own pockets exiting his Top Picks after the show airs.  " This is a questionable perception as most if not all the stock picks I heard him mention recently are very large companies, +/- > 100 bil market cap type of companies.  If you think him talking about JNJ on BNN market call might produce a share price jump in JNJ... you may want to go ...more  
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