RE:RE:YodaLayhehoo and Johnwith30years Happy you got you break even after the blood bath this year. It's looks to be unwarrented. I am also taking this as a lesson that the market under negative sentiment can fall much further than you could have ever imagined. I've only ever seen a fall like that in the Cannabis stocks, this is a utility. The next few quarters are good ones and things should be stable after that unlesss they do another merger highly unlikely. The new CEO is good much better speaker than Harris. I want to sit down with the financials post about it in a few days, but looking through quickly they look pretty good especially for a 4 billion company. They will make 30% of thier total Market cap in EDITDA this year!
Their payout ratio is 26% even the banks payout 40-50% . The banks which are thought to be the most rock solid dividend in Canada. They are the only company other than Fortis to payout less than EPS. Their contracts are long and their utility earnings are gauranteed. They are a big company now a legitimate big player. Now is probably a good time to tap the US market.