Life & Banc Split Corp T.LBS

Buzz on the Bullboards: Taco Tuesday

[mouserman]

So was also low on LBS this time around,, seems Brompton managers were busy shaking things up. @  2 pennies  the miss wasnt serious. DGS miss by 15 cents was .

[mouserman]

I suspect the update tomorrow from Brompton  will reflect something close to that number. My spreadsheet had the loss at 7 cents on the week. Last sale @ $9.25 leaves the discount at around a

[Jonathon Brown]

The TSX has struggled to find its footing this week, weighed down by escalating hostilities between Israel and Iran. The geopolitical unrest has injected fresh volatility into global markets, with... read article.

[mouserman]

Spreadsheet now showing only a 10 cent loss since june 12.. Last trade @ $9.23 leaves it dsicounted by 1 $ , or about  10.1 % before distributions. Part of that  distribuiton is 18 cents to

[mouserman]

Showing a loss of nearly 12 cents since JUNE 12,, so value of the commons pre -distributions would be $10.21. Close today was $9.25, so the discount is 96 cents or about 9.4%

[mouserman]

Showing a loss of nearly 14 cents since last nights closing NAV. Last trade @ $9.27 leaves a discount of 92 cents or about 9 %

[mouserman]

A penny lower than my spreadsheet.

[Stoiklaugh]

One of the better discount these days! decent yield and safety! GLTA

[mouserman]

So only a gain of 4 cents since June 5 update.DID CHECK  and there was a lot of changes in the weighting. GWO dropped to the bottom and RY dropped to 8th. Overall the last trade @ $9.32 means the

[Stoiklaugh]

Thanks Mouserman, good to know there is plenty of  room for an increase in SP. GLTA

[mouserman]

A gain of 7 cents , mostly from TD , RY and BNS.. Last sale for LBS @ $9.33 means the discount is over a dollar.. so around 10%

[mouserman]

There is talk of the tax adjustment on  TSX funds  that have US holdings as a big part of the fund. LBS would not be affected by that. However many ETFs have both US and CAD stocks in the

[Wickwire]

W ith LBS and say " The BBB new T-Bill? Is there any effect?

[mouserman]

So 1 penny higher than my spreadsheet, again very close .

[mouserman]

Spreadsheet showing a gain of only 3 cents this week, and ex divvy date now past  so 10 cents was accounted for distributions to commons. Common shares hold a value of about 10.33 here, and last

[mouserman]

So spreadsheet was 5 cents high, and either Brompton wen to higher cash, or some cahnges in weighting affected the NAV. We will know more once they do the monthend update in the next few weeks.