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 > crickets

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Post by stwatcher on Apr 21, 2022 10:17am

crickets

I hear crickets !!

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Comment by EdPaquette on Apr 21, 2022 5:37pm

With patience this will rise, overnight offerings take time to digest.

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Comment by bubba9 on Apr 26, 2022 12:41pm

I hope they are sitting on the cash for a bit of time-----

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Comment by stwatcher on May 02, 2022 10:25am

lets hope ... getting pummeled

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Comment by EdPaquette on May 02, 2022 11:20am

All the safe stuff is going down, while hopeless junk like FFN just sails along oblivious. Makes no sense. If FFN misses a payment.....

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Comment by bigkagan on May 02, 2022 3:02pm

What are you talking about, FFN is down just as much as LBS. But as long as I get my monthly divi payments I'm keeping my LBS shares, it will recover eventually

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Comment by ol_griz on May 02, 2022 3:08pm

With suspension of distributions of LBS and DGS I only added more. Consequently ended up sitting on huge cap gains. DGS suspended for seven months I think and the annual yield was of course still better than most corporations.

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Comment by EdPaquette on May 02, 2022 3:17pm

FFN is selling for 620, but it's only worth $4. =bigkagan] What are you talking about, FFN is down just as much as LBS. But as long as I get my monthly divi payments I'm keeping my LBS shares, it will recover eventually[/quote]

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