TC Energy Corp T.TRP

time to sell?

[CarsT1]

A BNN guest this week noted this company sp has risen sharply but fundamentals make it overvalued relative to peers.
Earnongs report suggest no growth and spin off will make that more clear.
any thoughts on whether to move on - say to ENB?
glta

[Dibah420]

I did.  But not moving anywhere.  Waiting for some clarity post split and how the debt situation develops.  Might get back in.

[CarsT1]

Thx for the reply Dibah420 agree- makes sense to hold off - I too am concerned due to high debt that the split/allocation of debt will not be very forgiving to either surviving companies post split. glta

[SargeX]

Hey Car Interesting question. I have decided to eventually sell all our SBOW and buy the equivalent amount of extra new TRP. We have been saving up some of our extra divy cash for the announcement and will use that cash + sell some of the SBOW shares (our 2 TFSAs and my wife's RSP) so that the value of our new TRP will equal what it is now. We will then monitor the remaining SBOW shares (my

[CarsT1]

Thanks Sarge X for sharing insights and how you have structured your portfolio - KEY and PPL - nice long term charts! glta