Post by
mouserman on Jan 14, 2022 1:41pm
Some taking profits here under 5 $
I was a buyer under the 5$ mark as i see no danger of LFE missing distributions here. I know some will be thinking its time to take profits and that i cant disagree with. I am simply making a trade, having sold 4K at $ 5.08 and bought back 10 cents lower.
Current NAV for the commons would be around $5.28 as the US lifecos have bounced back a bit and MFC and GWO back into the green makes a big difference.
Comment by
slst on Jan 14, 2022 2:40pm
Nice, play....I added a little more at $5.05....am eagerly waiting for the distribution anouncement. Did that in November....than December...., sadely both missed. Hopefully third time lucky and off to the races. The yeild on my cost will be absolutely FANTASTIC. Hopefully it lasts.... Good Luck Longs....
Comment by
speedyfeint on Jan 14, 2022 3:10pm
i got in at $5.01. am i gonna be ok? what's the likelyhood of nav dropping below $5 and missing the div next month?
Comment by
mouserman on Jan 14, 2022 3:18pm
Well since today is the cutoff and the date they use for calculating distributions , you are very safe for the distribution coming in February. No guarantees tho for the March distribution. Right now there is about 30 cents of coverage above the 15 $ threshhold for paying.
Comment by
speedyfeint on Jan 14, 2022 3:35pm
that's good, and always thanks for the live nav updates, i will be following your updates closely, and i noticed you don't do live nav updates on some of the split funds (like GDV, LCS, PWI, RS).. are you planning on doing these in the future? just saying it would be great.
Comment by
mouserman on Jan 14, 2022 3:53pm
I am in the process of getting a blog /website going. When its done i will try and get more split funds valuations and spreadsheets up and running. Right now I have about 10 to take care of. However if I set up 15 i could do more NAV udpates on some that are more popular. But also do some of the less followed ones one time a week. Still working on it, but will let all know.
Comment by
speedyfeint on Jan 14, 2022 4:06pm
that's awesome.. looking forward to it!
Comment by
EdPaquette on Jan 14, 2022 4:49pm
Correction...midmonth valuation Tues evening. Dividend decision and announcement Wednesday
Comment by
mouserman on Jan 14, 2022 8:28pm
No i believe the actual announcement will come next week sometime, but they will use the 14th as the date. Have not seen them use a later date unless its close enough to wait for a day or two. LFE UNIT NAV at the close today is $ 15.38 , big finish to the week. LFE NAV was up 80 cents since dec 31.!