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

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

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

Canadian Life Companies Split Corp > LFE unit nav to Jun 10 = approx: $14.83
View:
Post by mouserman on Jun 10, 2024 4:29pm

LFE unit nav to Jun 10 = approx: $14.83

So lifecos bouncing back while the banks giving it up... LFE now needs 17 cents to make the cut for distributions by friday... not out of the realm of possibilities.
Comment by mouserman on Jun 11, 2024 10:27am
Markets are diving , really no place to hide.. and of course the lifecos get thrown out with the trash.
Comment by flamingogold on Jun 11, 2024 2:34pm
A pullback is welcomed and healthy. Indices have notched several days of records so far this year. A little breather is good news for another run higher. June and July may be soft and August it could pick up again A lot will depend on whether the FED still has at least 1 or 2 cuts this year in their shopping cart.
Comment by mouserman on Jun 11, 2024 3:51pm
Really there are some good stocks getting thrown in the dumpster with the not so good ones... This theme is pretty commons when the market wants to crash... it is NOT one sector being thrown to the wolves, it is most of the general market. Altho tech and AI seem to have some strength,, but not a sector i want to get involved in.
Comment by flamingogold on Jun 11, 2024 3:52pm
Looks like a tale of 2 markets again. Tech, namely Apple, inking record highs today and doing the same to the S&P and Nasdaq all on its own. Dow and TSX are down. The broadening out story losing some steam here.
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