Q: Hi Team,
Looking at Pembina's recent weakness, is it fair to say that currently it would be a better "buy" today compared to Enb which is riding near highs in terms of potential long term growth? When I look at valuation I am seeing a P/E of 16.85 for PPL and 23.25 for ENB. Also, I am wondering if PPl valuation stays low, if it will be a takeout candidate for ENB some day? Market cap of PPl is only 30 billion compared to 137B for ENB. PPL has some valuable assets, including LNG plant currently under construction. Dividends are fairly similar with enb slightly higher at the moment. Thoughts?
Shane.
Looking at Pembina's recent weakness, is it fair to say that currently it would be a better "buy" today compared to Enb which is riding near highs in terms of potential long term growth? When I look at valuation I am seeing a P/E of 16.85 for PPL and 23.25 for ENB. Also, I am wondering if PPl valuation stays low, if it will be a takeout candidate for ENB some day? Market cap of PPl is only 30 billion compared to 137B for ENB. PPL has some valuable assets, including LNG plant currently under construction. Dividends are fairly similar with enb slightly higher at the moment. Thoughts?
Shane.
Q: I have been keeping a good portion of our portfolio in cash, and for the last couple of years in GICs where the interest rate near 5% was ok. But some have and others are coming up for renewal and rates are now lower, around 3.25%, Would something like PPL be a reasonable alternative to earn a somewhat better return wth still a good degree of safety? Any other suggestions? Many thanks for your excellent service.
Q: Hello,
I own a little TRP and ENB which have both performed well. Thoughts on starting a position in PPL? Seems to be underperforming. Would you be comfortable buying a full position here? Long term hold.
Thanks.
I own a little TRP and ENB which have both performed well. Thoughts on starting a position in PPL? Seems to be underperforming. Would you be comfortable buying a full position here? Long term hold.
Thanks.