Brompton Lifeco Split Corp T.LCS

Portfolio NAV

[kurtwalter]

IAG was down 2%, remaining three around 1.04- 1.09%. Total portfolio down 1.35% - LCS down 4% is a dreadful overreaction.

[AnEducator]

LCS has a current leverage ratio of almost 250%. A portfolio decline of 1.35% would translate to a capital share NAV decline of 2.5 x 1.35% = 3.38%. For a paying split share trading at a discount, one can certainly argue that it is an overreaction, but 4% is not unreasonable in such a negative climate.  This is a great opportunity for those bullish on this sectorl, but leverage certainly has

[kurtwalter]

As of 12 noon LCS has crawled back 2,81 % after yesterday's 4% drop. Might have been a buying opportunity but I don't have much spare cash lying around...

[NoShoesNoShirt]

I bought 3000 shares, which pushed up the price.   My broker was showing 0 shares had traded hands beforehand. I would have bought more if it wouldn't have moved the price so much.

[navgod]

LOL Pretty sure I sold you most of your buy at 6.60. Got a few more to go at 6.69 if someone  gets horny for the stock. One of my bigger positions as a play on life insurance and a discount to NAV value play. GLTA

[NoShoesNoShirt]

it's now for sale at 6.75. Should go in a few days. 

[mouserman]

LCS unit nav in realtime now @ $16.90... nice bounce back after the selloff yesterday... MFC and GWO reporting after the close.