Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bullboard - Stock Discussion Forum Veresen Inc. T.VSN.DB.B

TSX:VSN.DB.B - Post Discussion

Veresen Inc. > Veresen stock price
View:
Post by jaiyenyen on Apr 09, 2017 5:16pm

Veresen stock price

Before Jordan cove came into play we were running around 15 to 16 dollars, after Jordan cove was a possibility we went to 19.80. This was before the drop in oil prices, in my humble opinion we are in better shape now than we were then and our stock price should be 16 to 17 dollars now and in the 20 dollar range if Jordan cove comes back into play which I think it will. If Jordan cove gets built we could be looking at a 25 to 30 dollar share price. I am in no way an expert on these things but I am quite confident in what I believe.  Time will tell.
Comment by tbnorthstar on Apr 10, 2017 1:19pm
Based on the present stability of the dividend payment and present yield I think VSN is getting close to a short term top. Not going to trade this issue as long term the dividend will see annual increases. Most likely scenario is somewhere around a 5% payout rise commencing in early 2019. That and any further traction on the Jordan Cove project would see a re-evaluation by the market of Veresen ...more  
Comment by Natgas2020 on Apr 10, 2017 5:14pm
This post has been removed in accordance with Community Policy
Comment by hawk35 on Apr 10, 2017 11:43pm
Hard to believe that only one year ago this stock traded for 8.50 a share.  In the last month it has risen 2.00 a share.  Speculation has nothing to do with this rise.  It is based on fundamentals and amazing short, medium and long term outlook.  All this and amazing management to.  This stock stlll has room to run.
Comment by rapid_fire_ on Apr 13, 2017 9:03pm
This post has been removed in accordance with Community Policy