Brompton Lifeco Split Corp T.LCS

LCS unit nav to Jan 17 = approx: $16.45

[mouserman]

So spreadsheet showing a loss of 22  cents since the last update. Last trade was @ $6.14 today, and was much lower earlier in the day. Discount is about 31 cents here, and  annual yield today would be  14.65%.
- apparently much too low to be considered a good distribution . This  one will make it 13 consecutive distributions.

[Toppicks1]

It's not the yield at all yield is great if it actually meant something. Last march 1st stock was trading around same price as today 6.10 to 6.20.. the fact that it went to 4.90 in 3 weeks is not good. That's 1.20 or 1.30 in 3 weeks. That's 18 months of yield. Like I said buy it on big dip for capital gains other ways stay clear of this. My opinion only. 

[mouserman]

I bought LCS back when it was about 3 $, have traded it dozens of times, my cost now is under  2$. Not sure why you cherry pick a date to make some obscure point. In 2023 LCS outperformed the banking  split fund stocks. Dont believe me, look at a chart of LBS, FTN FFN.. etc and then look at LCS...

[Toppicks1]

Ok so you bought it on a big dip point taken. I may buy it on the next big dip is what my view is and says. I would not be holding for a 7.5 cent divi if I owned it in the 2 to 3$ range each to their own. You must have a very strong feeling that the life CO's will have a great year or this strategy will fail financially.down 4 months worth of divis in the last 2 weeks. The one thing I do

[mouserman]

You mean another great year. Nice ignoring the charts...

[Toppicks1]

The one year chart of IAG in ambiguous at best. And the 30 day chart is clearly in down trend. In my opinion. Do you view the 30 day chart as bullish???? Please do enlighten.

[Eoj123]

No one follows a 30 day chart so thanks for stopping by and talking your book (no one cares that you sold)