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Emera Inc T.EMA

Alternate Symbol(s):  EMRAF | T.EMA.PR.A | EMRPF | T.EMA.PR.B | T.EMA.PR.C | ERRAF | T.EMA.PR.E | T.EMA.PR.F | EMICF | T.EMA.PR.H | T.EMA.PR.J | EMRJF | T.EMA.PR.L

Emera Incorporated is a geographically diverse energy and services company. It invests in regulated electricity generation and electricity and gas transmission and distribution, with a strategic focus on transformation from high carbon to low carbon energy sources. Its segments include Florida Electric Utility, Canadian Electric Utilities, Gas Utilities and Infrastructure, Other Electric Utilities, and Other. Florida Electric Utility consists of Tampa Electric, a vertically integrated regulated electric utility in West Central Florida. Canadian Electric Utilities includes Nova Scotia Power Inc., a vertically integrated regulated electric utility and the electricity supplier in Nova Scotia, and a 100 % equity interest in NSP Maritime Link Inc. Gas Utilities and Infrastructure includes Peoples Gas System, Inc., New Mexico Gas Company, Inc., Emera Brunswick Pipeline Company Limited, SeaCoast Gas Transmission, LLC and a 12.9 % equity interest in Maritimes & Northeast Pipeline.


TSX:EMA - Post by User

Bullboard Posts
Post by honewoodon Aug 05, 2005 8:19am
80 Views
Post# 9363276

Brand new shareholder:

Brand new shareholder:I just purchased 500 shares on my margin account @ $18.00 due in part to the fact that I am an enduser of their product as I live in Halifax, N.S. so that any power rate increase will be reduced almost in full with my .89 cents per share dividend of $37.00 a month or $111.00 quarterly (if the dividend remains the same) I as well as many Bluenosers are of the feeling that the company does not warrant or for that matter require a rate increase of almost 16%; the answer to which we will receive by year end from our Provincial Utility Review Board. I do however fully expect them to receive at least 1/4 - 1/3 of that request say in the range of 3 - 6 % however; only time will tell and what with a provincial election a possibility in the fall - who knows what will happen. I sold my minority interest in TransCanada Pipeline to do this pretty major investment (for me at any rate) to the tune of $9,000 which also gave me a margin excess of $2,235 - so all in all I feel pretty darn good about this one - any response +/- would be greatly appreciated.(HW)
Bullboard Posts