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 > LCS unit nav to June 15 = approx: $16.23

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Post by mouserman on Jun 16, 2023 12:33am

LCS unit nav to June 15 = approx: $16.23

So all 4 lifecos down today, but a nice pop up anyways and now trading very close to par as far as value goes.
Commons should have a value reported @ about $6.15 by the time they take into account prorated distributions for preferreds.
Will see Brompton's update tomorrow.

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Comment by JohnWalker on Jun 16, 2023 9:21am

Brompton updates website Class A LCS NAV = $6.20

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Comment by mouserman on Jun 16, 2023 10:31am

Yes the UNIT NAV came in higher than my spreadsheet estimate @ $16.28 SO after accounting for preferreds , the NAV for commons is $6.20. Actually is dropping a bit today as 3 of the 4 lifecos are down again today. Perhaps some profittaking after some really strong moves up in the past 6 months.

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Brompton Lifeco Split Corp