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

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


OTCPK:KMLGF - Post by User

Comment by Chris_torontoon May 30, 2018 3:31am
158 Views
Post# 28097338

RE:RE:Where is the KM response?

RE:RE:Where is the KM response?When2Buy, your post makes sense to me. Now see if this makes sense to you:

curr "net" debt = 165M
total KML shares O/S = 348M

TMP systemsold for 4,500M

cash / share after sale closes =
(4500 - 165) / 348 = $12.45/share

Plus their other minor assets that they still have. Once value of those assets are determined, we'll know where value / KML share settles down.

I didn't factor in above the tax they will pay on the $4.5B.
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