Canadian Life Companies Split Corp T.LFE.PR.B

Buzz on the Bullboards: Updates from Nevada Copper, BlackBerry, Tilray

[mouserman]

Great gains in all 4 of the lifecos today, but especially big for MFC BOUNCING  back up 2.3 % today. 38 cent gain since the midmonth Quadravest report is the biggest monetary gain in their split

[Jonathon Brown]

The past week has been a roller-coaster ride for the TSX. Volatility was the theme as the market saw dramatic rises and falls. read article.

[mouserman]

Apparently that was negative news, as MFC drops about  2.5% today.. altho it is .hard to see the negative in that news release.

[mouserman]

The Globe and Mail reports in its Wednesday, June 26, edition that Manulife Financial has raised its core return on equity target to at least 18 per cent by 2027, up from 15 per cent. A Canadian Press

[mouserman]

Spreadsheet showing a gain of 35 cents since JUNE 14th, and shows the biggest gain in monetary terms , of the Quadravest split funds , since that date. 

[mouserman]

Up 34 cents since the 14 th update.... nice move, and likely the biggest % gainer in Quadravest splits... or Brompton for that matter.

[mouserman]

Showing a gain of about 15 cents since June 14th  , which would be bigger  gain  in terms of % or $ and cents , than FTN, FFN, BK, DFN , DF or DGS.. in that time frame. Apparently the

[flamingogold]

This is why LFE always trades at a discount, too many months of missing payouts. This will need much higher rates to payout consistently. Unfortunately, it's a self defeating proposition. Higher

[PressRelease]

TORONTO, June 19, 2024 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (the "Company") declares its monthly distribution of $0.06667 for each Preferred share ($0.800 annually). Distributions are payable July 10, 2024 to shareholders on record as at June 28, 2024. There will not be a...read article.

[mouserman]

And lo and behold MANULIFE and IAG were agents  in that offering,.. and can get units at a discount if the so choose. Should be pretty good returns on  insurnace premium income. But oh my

[flamingogold]

Today's NAV of $14.32 is the worst since Nov 15. Not very encouraging at a time when markets are posting multiple days or record highs.

[mouserman]

Showing a gain of 14 cents now since the JUNE 14th numbers. Lots of volatility going to be seen in the next few months i believe.

[mouserman]

Was very close to my spreadsheet numbers, and should have risen a bit since then.

[mouserman]

S&P 500 on track for 30th record close this year as tech stocks rise Technology and Consumer Discretionary stocks powered the major averages to new highs on Monday as the S&P 500 (^GSPC

[mouserman]

How can we know for sure the stock market is in a bubble? NVIDIA (NVDA) has been up 155% year to date; its market cap is over $3 trillion. The company has gained the equivalent of Amazon in just six

[flamingogold]

S&P and Nasdaq are propped up by Apple and Nvidia. Big tech continues to lead. The broadening out story is taking a breather again now that the FED has slammed the door on 3 rate cuts this year