RE:Where?
TheBridge wrote: Where oh where have all the posters gone? I'm missing them. I can't have all of them on ignore! We're 5 days into 2022 and I'm missing the input that I enjoy seeing on this board. Still wish we had taken IPL over instead of letting Brookfield relish over their gain. However, it's just a matter of time before we're bumping into the $50 mark. GLTA longs!
I've found many boards have been quieter than usual since the week before Xmas, might be due to lack of news coming out so less stuff to discuss. I also notice larger companies that move slowly tend to be quieter than small ones that everyone has an different opinion on unless there is news. BCE, CNR and others tend to be rather silent for periods with half the msgs being from the annoying timebuilder and Betteryear accounts posing news releases/dividend notes that everyone knows or can find rather easily, yet these bluechips theoretically have the most investors/watchers but there's very little to discuss on them. Most of the time I'd put Pembina in that blue chip category unless project news or purchases pop up, but since the pandemic we are also deviated off the normal path so that in itself is a current discussion point until we get all 4 wheels back on the pavement.
I just wish Pembina would give a token raise to the dividend just to add some life to it... right now we are rather stagnate which I think has been a good reason we haven't gone back to pre-pandemic lvls. That said for those that are accumulating they are hoping the shares stay down until they achieve their goal position.
I think blowing through 40 and back into the 50s will come later this year, but I also think it will take a raise to the div... a 5-6% boost might lead to a 20-25% share price move and run us back into a normal 5-5.5% yeild range.
The growth projects we have in the pipeline are still very attractive, even tho we put a bunch on the shelf... but I think we are being penalized on share price from management being stubborn on a few issues which is pushing people to other attractive purchases for thier portfolios, eventually things will come to a head and we will normalize to appropriate value.