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Bullboard - Stock Discussion Forum TC Energy Corp T.TRP

Alternate Symbol(s):  T.TRP.P.E | T.TRP.P.F | T.TRP.P.G | T.TRP.P.H | TCENF | TRP | T.TRP.P.I | TCEYF | TCANF | TRPEF | T.TRP.P.A | T.TRP.P.B | TRPPF | TCNCF | TNCAF | T.TRP.P.C | TRPRF | T.TRP.P.D

TC Energy Corporation is a Canada-based energy problem solver working to move, generate and store the energy in North America. Its segments include Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines and Mexico Natural Gas Pipelines, Liquids Pipelines and Power and Energy Solutions. The Company's business includes Energy Solutions, Natural Gas, Oil and Liquids and Power and Storage. The... see more

TSX:TRP - Post Discussion

TC Energy Corp > We lose with the new deal
View:
Post by Ariahp on Apr 26, 2024 4:09pm

We lose with the new deal

here is my Math with the upcoming . Let me know if I am wrong!!

Thanks
 CURRENT SETUP 
 SHARES  DIV  $$$$ 
               10,000 3.84                38,400
     
 NEW SET UP 
               10,000 3.3024                33,024
                 2,000 0.5376                  1,075
 TOTAL DIVE                   34,099
 NET LOSS               4,300.80
Comment by SargeX on Apr 26, 2024 6:44pm
You are wrong. Did you not read my previous post that explains it properly. Here's the calcs again. As I also mentioned, I just used 100 shares & $50 as an example but the spreadhseet has the calc for any TRP prince before the split and any number of shares. It took my a while to wrap my head around how to do this but there is absolutely no way they would not make this balance.  ...more  
Comment by Ariahp on Apr 26, 2024 11:29pm
Sarge, I hope you are right. I am very glad to be wrong. I have cclose o 27k shares and my calculations were giving me a heartburn.  Thanks for clarifying. Now only if the sp wouod start going up would be nice. BTW...w hat is the reason for the drop in Stock Price.
Comment by SargeX on Apr 27, 2024 11:48am
I think a lot of investors don't like the split and don't want the SBow shares so they are bailing now. I think it is going to be quite ugly for SBow's share price right after the split as there will be many more bailing on SBow and many buying TRP. I know I'll be selling all our SBow shares and putting all that dough directly into TRP.
Comment by autofocus111 on Apr 27, 2024 12:12pm
Well if you are correct and Sbow sells off, I may just end up doing the reverse. I don't mind holding an oil pipeline pureplay if the dividend yield is high enough. I had ENF.TO for years before ENB decided to fold it in.
Comment by Ariahp on Apr 27, 2024 1:36pm
You all are speculating that most people will sell off SBow.......If they do, I will buy at the low end and reap the benifits of a steady price increase . Lets see who is right in the long run! GLTA
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