RE:Wake Up TimeTheBridge wrote: PPL has been dragging its feet for a fairly long time now getting into the $50 range as predicted by a number of analyists. IMO, I believe the share price by now should at least be somewhere above $45. I think it's time that it might be helpful if a large suppository was inserted into the pipeline to improve oil flow and profits, and while they're at it they might as well service the current management team with their own suppositories.
my thought is high GIC rate have lured many pensioners and dividend shareholders to switch out of utility stocks and into 'safer' GIC. When recession hit home and fed start cutting rates, i can see some recovery for dividend stocks. Consider this period as accumulating period. PPL changing to quarterly divy payment from monthly not helping either.