Canadian Utilities Ltd T.CU

10 year chart is horrible

[BSdetector2016]

If interest rates increase we go down from here, not back up.

[DeanEdmonton]

I think higher interest rates are alreay priced into most of the ultilites/pipeline stocks. To me, with 5 to 8% dividend yeilds, the Utilities are one of the last underpriced sectors. Aside from REITS pretty much everything else is fully to well over valued.

[Capharnaum]

The 10 year chart supports your view. In 2014-2015, 10 year bond rates were between 2% and 2.5%, CU's dividend was $1.07 per share, yet the share price was around $30. With the Fed set on keeping rock bottom rates for the next two years, I can't see the 10 year bonds rising that much. The chart clearly supports a $30 share price with 10 year bond rates ranging from 2% to 2.5%. Also, as

[canon12345]

Would have to think CU is at least on the radar for a takeover. A lowball offer in the $42-$45 range probably gets it done. One of the few low risk / solid earning companies that has a very modest current share price in todays market.

[Lifeinmexico]

I'd rather see this bearish trend settle at 30 and for the next 30 years grow its divi....longest increase paying streak for a divi stock in canada.  Canadian Utilities has uninterruptedly increased its dividends for 49 years in a row. Keep it going !!!

[incomedreamer11]

Would have to think CU is at least on the radar for a takeover. A lowball offer in the $42-$45 range probably gets it done. One of the few low risk / solid earning companies that has a very modest current share price in todays market. I don't think somebody can take CU , because this company depends on ATCO

[Capharnaum]

I know buyers that would have CU as an autobuy at $48 per share (1.8x regulated assets base). If they were to put themselves for sale, they would get at least that, likely more (as multiple parties would bid at that price). The cheapest transactions happening are at 1.9x regulated assets base, with the average going at 2.0x regulated assets base. However, I don't think ATCO wants to sell its

[canon12345]

You are probably right on ATCO not wanting to sell. Its just that the stock price does not reflect anywhere near the market value as you say. With the way the stock has performed you would think they just might take a $50 offer and use the cash elsewhere at a better return? 

[Karren411]

[YupnDump]

so is the 12 month chart..YUCK