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Bullboard - Stock Discussion Forum Canadian Life Companies Split Corp T.LFE

Alternate Symbol(s):  T.LFE.PR.B | CLSPF

The Companys investment objectives are (i) to provide holders of Preferred Shares with fixed cumulative preferential monthly cash dividends in the amount of $0.04375 per Preferred Share to yield 5.25% per annum on the original issue price (ii) to provide holders of Class A Shares with regular monthly cash distributions targeted to be $0.10 per Class A Share to yield 8.0% per annum on the... see more

TSX:LFE - Post Discussion

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Post by flamingogold on Jan 26, 2022 6:46pm

Next red flag

Next to LFE crossing $5, the next red flag on my market crash radar screen is oil over $100. Rarely does oil cross $100 and be sustatinable longer term. The higher it goes over $100 as is the higher LFE goes over $5, the ligher one wants to be in long equities.
Comment by speedyfeint on Jan 26, 2022 7:37pm
are you saying lfe staying above $5 is not sustainable?
Comment by EdPaquette on Jan 26, 2022 7:47pm
It was a 20 dollar stock until 2008. Never spent much time above 5 since then. 
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