Bullboard - Stock Discussion Forum Brompton Lifeco Split Corp T.LCS

Alternate Symbol(s): T.LCS.PR.A

The Funds investment objectives are to provide holders of Preferred shares with fixed, cumulative, preferential quarterly cash distributions in the amount of 0.15625 per share and to return the original issue price of 10.00 per Preferred share to Preferred shareholders at maturity; and to provide holders of Class A shares with regular monthly cash distributions, targeted to be 0.075 per share... see more

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TSX:LCS - Post Discussion

Brompton Lifeco Split Corp > Brompton reports UNIT NAV @ $15.39

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Post by mouserman on Mar 17, 2023 9:10am

Brompton reports UNIT NAV @ $15.39

SO my spreadsheet was low 3 cents, LCS must have gone to more cash here, and may yet make the cut for distributions.
Need a couple flat days to make it. Commons were valued @ $5.31 in the update.

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Comment by gerrycam on Mar 17, 2023 10:39am

Preferred at $10.08 would that not make $15.39? but dow down 1.40% at 10:30 doesn't look good

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Comment by EricDividends on Mar 17, 2023 12:56pm

What date do they actually use for the distribution? I can find it no where on their website. If it is the 16th NAV date, then I would buy some more at this price, I think all this mess will blow over in the coming days and month.

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Comment by Kadiddelhopper on Mar 17, 2023 2:52pm

Certainly in the Oversold channel on the RSI with the exception of IAG which is still around 46 while the other 3 namely , MFC GWO and SLF are firmly below 30... Perhaps next week for an improvement? A lot of heavy lifting though to get back to the 6's range for LCS, following the rout of this last= 6 Business days.

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