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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

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Post by stocktalk on Aug 09, 2023 4:42pm

Offer ?

There will be no offer, end of story.
Comment by carlocarli on Aug 09, 2023 5:00pm
Thank you for your contribution stocktalk. You seem to know that for a fact. Can you epand? There seems to be a lot of uncertainty on possible bids. You seem to have access to useful information. Can you share it with us? Thank you.
Comment by Northforce13 on Aug 09, 2023 8:07pm
I think there will (or are) be.  Put $ on the table, 2nd biggest position. If you believe strongly enough that there will be no offers, you could short, it will drop +/- 20% once the board confirms no offers, within next several weeks.  A 20% return in such a small time is extraordinary.   GLTA
Comment by stocktalk on Aug 10, 2023 11:47am
Iam shorting, no Cdn bank will pay for an overpriced Quecbec bank with Immence political issues. Good Luck to All. IMHO
Comment by 88guy88 on Aug 10, 2023 12:38pm
I agree.  No serious offer going to be presented.  The LB assets are mediocre and so is the management.  The staff have also been unionized in the past and no major bank in Canada wants to bring on employees that could potentially pollute the water so to speak. Banks are giving it a hard pass
Comment by Northforce13 on Aug 10, 2023 3:08pm
Respectable to hear that you're putting your money where your convictions are.  Guess we will see what happens!
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