RE:RE:RE:RE:Don't hold your breath for Doug5% jump is great and all but that is such a short term growth outlook. That deal would of catapulted the dividend payout (which is why everyone is there) and increase the stock price. Anytime a buy out occurs: one stock goes down, the other goes up. since a deal 1/3rd fell through with the other( states) more then likely happening the same way it will probably go up a little more. it will be short term gains. The deal has not completely fallen through but that doesn't remove the amount that has been lost so far. On top of that, it has essentially proven that HydroOne cannot progress outside of Ontario borders because of Ontario's meddling. I dont think I have actually ever heard of anyone short selling HydroOne since there is a limit to how much you can personally own so this small gain pails in what could of been a nice dividend hike.
If anything has been proven so far. Its letting Doug touch something has turned it into lead instead of gold. Sweet into Sour. I was optimistic but he has now butchered several "real business" points.
I want more then anything to be wrong. I will be thrilled if I am wrong. But we shouldnt be betting on "Dougy" to be making a smart play here. I agree with you on Vic, hes never been a person to yank our chains. But the way I see Doug for every policy he has put out so far .... You have the children building sand castles and he comes in and kicks them all down. Tell me something he has done so far business related that hasn't happened this way and I would be happy but in his 161 days in office. Hes butchered or failed at everything hes attempted business wise.
List of failures so far:
"Maintain rent control"
"bring a buck a beer back"
"scrap the cost negative bala falls project"
"committment to French University" (granted I will let this one slide since it was poorly thought out)
"Place his company in a blind trust"
"Allow sale of canabis to private retailers"
"use LCBOs to sell weed to save on costs"
And these are just business related (I excluded his "social" wins such as freezing minimum wage because they have not been reviewed yet for loss or gains). At each point, there is now "extra" costs associated to doing business in these areas.