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Brompton Split Banc Corp. (SBC.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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10.96-0.10 (-0.90%)
As of 03:08PM EDT. Market open.

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  • m
    mmb
    Covered a small portion of short position as premium narrowed to $1.50.. Great gain. But will short again to full position if premium pops back to $2
  • L
    L
    Sep 1 (two weeks after offering): NAV 9.46, price 11.43, premium 20.8%.
    Aug 11 (one week before offering): NAV 10.62, price 12.53, premium 18.0%.
    The premium is bigger after offering than before!
  • m
    mmb
    actuvily shorting...
  • m
    mmb
    In connection with the extension, shareholders who do not wish to continue their investment in the Fund, will be able to retract Preferred Shares or Class A Shares on November 29, 2022 pursuant to a special retraction right and receive a retraction price that is calculated in the same way that such price would be calculated if the Fund were to terminate on November 29, 2022. Pursuant to this option, the retraction price may be less than the market price if the share is trading at a premium to net asset value.
  • m
    mmb
    Secondary offering just announced !!! Can't wait till trading open again to cover my short at huge gain!!!
  • m
    mmb
    premium to NAV down to 85c... much more reasonable...
  • m
    mmb
    premium rising again, my calc puts NAV at $10.51
  • R
    Ron
    Why does anyone listen to a shorter
  • B
    BR
    Picked up little more at 11.95.
  • V
    Vlad Impala
    Canadian banks have retraced 3/4 of the Jul-Aug rally. Portion of the rally Canadian bank funds have retraced: ZEB 75%, ZWB 78%, SBC 67%, BK 68%.
  • m
    mmb
    my NAV calc is $10.10... 17% premium...
  • m
    mmb
    Banks continue to decline, reducing NAV to $9.62.. Thats a $2.01 premium. Time to add short !
  • L
    L
    Aug 11: $1.91 (18.0%) premium. Aug 18: $0.86 (7.7%) premium.
  • m
    mmb
    Premium up to 1.04 at the end of day today, as SBC gets bid up (only sightly), meanwhile almost all the bank stocks down 3/4% (works out to 17c)
  • m
    mmb
    covered 1/2 after the 45c drop
  • m
    mmb
    aug 16 - my calc has NAV at 11.17.. Stock price hasn't moved, so discount is way less.....
  • V
    Vlad Impala
    Aug 11: NAV 10.62, price 12.53, premium 18%. Aug 12 RSI (14, OHLC/4) is 70.2, the highest since Jan 18.
  • m
    mmb
    NAV got up over $10 on Friday.....
  • m
    mmb
    NAV apx 9.83...
  • R
    RR
    Has this ever missed paying Divs?