Kinder Morgan Canada Ltd - Ordinary Shares (Restricted Voting) KMLGF

Energy

Kinder Morgan Canada Ltd operates as an integrated network of pipeline systems and terminal facilities in Canada. The business activities are carried out through two segments namely Pipelines and Terminals. The Pipelines business unit is composed of the Trans Mountain pipeline system, the Canadian portion of the Cochin pipeline system, the Puget Sound pipeline system, and the Jet Fuel pipeline system. The Terminals business unit is composed of the Vancouver Wharves terminal in British Columbia a

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Kinder Morgan Canada Ltd - Ordinary Shares (Restricted Voting) > 4.5 billions...special dividends coming..

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Comment by Chris_torontoon May 29, 2018 7:49pm

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Post# 28096416

RE:RE:RE:RE:RE:4.5 billions...special dividends coming..

How will their cash flow increase when they have sold their main income producing asset? Are you saying they will put the money in GIC's and that will return better than the pipelines was flowing?!!

JTDOUBLE wrote:
Shifting the risk to government considering the political mess and end up getting 4,5b..

This is very smart move considering political risk beyond company control..

Considering with 4.5 billions in CASH Infusion..

If they pay their debt , cash flow should increase significantly..

Last 4 quarter eps:

Q2 2017 $ 0.38

Q3 2017 $0.41

Q4 2017 $0.45

Q1 2018 $0.43

Companies profitable with without the revenues off the pipelines..

1.67 eps ..PE ratio of 9 ..

What happened with they used extra cash to pay debt..

We might be looking at 1.80 to 2 bucks in EPS..Glta.