Bullboard - Stock Discussion Forum Life & Banc Split Corp T.LBS

Alternate Symbol(s): LFBCF | T.LBS.PR.A

Life & Banc Split Corp. (the Fund) is a Canada-based mutual fund company. The Fund's investment objective is to provide holders of Preferred shares with fixed cumulative preferential quarterly cash distributions and to return the original issue price on the maturity date, and to provide holders of Class A shares with regular monthly cash distributions and the opportunity for growth in Net Asset... see more

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TSX:LBS - Post Discussion

Life & Banc Split Corp > UNIT NAV to DEC 1 = approx. 16.85

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Post by mouserman on Dec 01, 2020 5:16pm

UNIT NAV to DEC 1 = approx. 16.85

My spreadsheet says we are not quite back to NOV 26 valuations. Hard to remember that down 3% one day,, meeans to get back to even you need a 4% gain the next... LOL
After distributions LBS commons nav would be 6.67 or so.

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Comment by EdPaquette on Dec 01, 2020 5:57pm

I've been jumping in and out of stocks, but this one seems like I could hold it for a few more weeks. That's long-term for 2020.

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Comment by ThatAlbertaGuy on Dec 01, 2020 6:41pm

Yeah a little wind was taken out of my sails with mm 6.67 nav call but I we may get back to 6.90-7 with these good bank reports. Funny how we are all waiting for this axe to drop but in the meantime who are we to pass up a .20-.30$ gain lol

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