11-01-2015, 01:55 AM
The issue I see is that the government is planning on pushing out such a large number of shares. So there will be some downward pressure during the next 4 years when the government is getting rid of their 60%. How much of an effect that will have really depends on the daily trading volume... also it's probable that they will be selling larger chunks to big investment companies etc.
Other than that, well it's a safe-bet utility as far as I see it. Well for as long as we are going to use wires to transfer electricity. Probably very little growth in the future so with a 4% yield... well it's not that bad, pretty much in line with the other energy utilites. But you can find some other nice Canadian companies (like telecoms and banks) giving you that ~4% with a lot more upside when it comes to growth.
Other than that, well it's a safe-bet utility as far as I see it. Well for as long as we are going to use wires to transfer electricity. Probably very little growth in the future so with a 4% yield... well it's not that bad, pretty much in line with the other energy utilites. But you can find some other nice Canadian companies (like telecoms and banks) giving you that ~4% with a lot more upside when it comes to growth.