Happy Holding PPLWhether PPL wins the bid for IPL or not, the share price is going up and the dividend is secure at current revenue levels. I hope they are sccessful in the bid as it would definitley be acretive over the medium to long haul, but either way I don't see much downside to holding PPL long.
I never like the Brookfield group, don't care for their tactics, overly com[plicated structues and lack of transparency. All their bid for IPL has done is solidify that view. Have never held Brookfield, never will. Don't ever invest with people you don't trust.