RE:RE:MY OPINION - For whats it WorthI also just voted all our PPL shares for the deal but only in hopes of the IPL shareholders voting it down and PPL getting the break fee. I'd prefer just getting the quick dough and avoiding inheriting a bunch of IPL debt but I would be fine if it works out that way.
As mentioned, my wife & I had a full position in IPL but have sold all of it. We also had a full position in BIP.UN and have sold all of it as I just don't like how slimy they are and all the finanacial engineering they do. We did make out like bandits with a HUGE profit in the 7 years we held it.
We've had full positions in ENB, KEY, PPL, and TRP and will continue to hold all of these for the mid-long term.
It will be a very interesitng week and I sure the heck hope PPL doesn't raise their bid. I would vote no on that.
Ciao
Sarge
JayBanks wrote: My very minor 357 PPL shares got voted yesterday for the deal too...
Would really like the deal to go through not only for all the expected income outlooks, but beyond that, I feel PPL is setting up for growth in Western Canada that is very needed for the future and they have the pocketbook and ability to achieve the goals and be very positive as a whole for everyone beyond just stake holders. I don't have that confidence in Brookfield as they are just interested in prospective value and how to add to it and then extracting that value when they feel they have done what they can do and move onto the next opportunity. (It's like getting served breakfast at Tim Hortons or a mom & pop dinner, one is served with a little more love)
I'm more excited about the future potential than just this purchase which I can take or leave.