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PPL Corporation Message Board

minesweep421 16 posts  |  Last Activity: 3 hours ago Member since: Jan 10, 2002
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  • "United Therapeutics (NASDAQ:UTHR): Q2 EPS of $2.30 beats by $0.55."
    "Revenue of $322.8M (+15.0% Y/Y) beats by $14.76M"

  • "Elliott Management Corp. has taken a stake of more than $1 billion in EMC Corp. and plans to push the data-storage giant to break itself apart, according to people familiar with the matter."

    "Should EMC move to split off VMware, potential buyers of part or all of the company could emerge, according to people who could ultimately be involved in such deals. Industry players who could be interested in part or all of EMC include Oracle Corp., Cisco Systems Inc. and Hewlett-Packard Co., analysts have said."

  • minesweep421 minesweep421 Jul 3, 2014 1:28 PM Flag

    Where did you get the idea that interest hikes might occur a year from now. Because apparently the stock market believes differently. At least, for the past two days anyway.

    It's all of the Utilities, not just PPL that headed lower. Higher bond rates negatively impact the higher yielding stocks, such a utilities. Especially since the higher dividend stocks had a such big run (because investors took on more risk in their search for higher yields). Also, the stock market trades based on expectations for the next 6-9 months (not the headline news of the day). The bond market will act ahead of the federal reserve and push the yields of bonds higher before the fed actually does it. The so-called experts have been calling for higher rates on bonds for years. Apparently nobody knows nothing.

    Refinancing the company debt is old news and has been factored into the stock price already.

  • Reply to

    ppl is going to OR ARROUND $34 A SHARE

    by emilemhabib Jul 1, 2014 10:07 PM
    minesweep421 minesweep421 Jul 2, 2014 11:10 AM Flag

    You have to be right twice, buy and hold only once.. Then there is the tax issue to deal with if selling at a gain. If an investor is a long term holder I would advise against market timing. It usually doesn't turn out very well. If your a speculator then knock yourself out.

    Insiders sell for a lot of reasons. Like for instance, rebalancing their overall portfolio and shifting funds to a diversified stock or bond mutual fund. Or paying for a son or daughter's college education, etc..

  • minesweep421 by minesweep421 Jun 28, 2014 12:06 PM Flag

    What does anyone think the symbol will be for the new company Talen? My guess is TLN. There is a stock symbol TLN but it's on the Toronto exchange. TAL is already listed on the NYSE. TEN is already taken. And TAN is already taken. Maybe it won't letters that are in the Talen name. Like TAN is for Guggenheim Solar (get it solar, tan). Talen is a power generating company but It can't be PWR because, your guessed it, already a listing. I don't see a POW listed anywhere. Well, except in a Batman cartoon. Maybe that's too much of a Looney Tune sounding symbol for a stock anyway.

    Of course the symbol could also be a combination of Talen Energy (such as TLE). Or if the actual company name will be Talen Energy Corp. then TEC.

  • Reply to

    Talen

    by james3759 Jun 13, 2014 12:18 PM
    minesweep421 minesweep421 Jun 16, 2014 8:30 AM Flag

    Stockholders will own shares in both companies.

    The way I see it is that the number of PPL shares will remain the same but because of the spinoff the share price will be reduced. And the dividend payout will be less also. Don't know what Talen will pay in the way of a dividend, if any. In the end I believe my dividend from the 2 entities will be less than it is currently.

    From the Morning Call:
    "PPL shareholders will receive a pro-rata distribution of Talen Energy shares based on the number of PPL shares owned, and the spinoff will have no effect on the ownership of PPL's common stock and the number of shares outstanding, the companies said."

    "On closing, PPL's shareowners will own 65 percent of Talen Energy and Riverstone will own 35 percent. PPL will have no continuing ownership interest in Talen Energy."

    "The deal does not include the 8,100 megawatts of regulated generating capacity owned by PPL's Kentucky utilities, which will continue to be owned and operated by Louisville Gas and Electric Co. and Kentucky Utilities Co.".

    "Spence said PPL will maintain the current dividend rate -- $1.49 per share on an annualized basis -- on its common stock until the close of the transaction and intends to grow the dividend under the fully regulated business model."

  • minesweep421 minesweep421 Jun 12, 2014 1:39 PM Flag

    PPL is down more than the electric utility average.

    http://finance.yahoo.com/q/in?s=PPL+Industry

  • Reply to

    Another 52 week high

    by fiweki May 7, 2014 3:56 PM
    minesweep421 minesweep421 Jun 7, 2014 1:27 PM Flag

    The M.C. has stated that PSEG was interested in PPL’s power plants. So the scenario that you lay out seems plausible. Time will tell if you're right.

  • minesweep421 minesweep421 Jun 5, 2014 9:39 AM Flag

    Lechspring is another moniker I created for some reason way back then. I stopped coming here to post because the board had become overrun with politics.

  • minesweep421 minesweep421 Jun 4, 2014 9:38 AM Flag

    The company sold their 11 hydroelectric power plants in Montana to Northwestern Energy for $900 million. So, based on that sale one might presume that the nuke plant would be sold as well.

    From Bloomberg:

    "The deal would have PPL spinning out PPL Energy Supply LLC to shareholders and then merging it with a smaller group of Riverstone-owned power facilities in Texas and New Jersey, said the people, who asked not to be identified because the matter is not public."

    "The combined entity would have a market value of $3 billion to $4 billion, and operate electrical plants with about 12,000 megawatts of capacity, one person said. PPL shareholders would own a majority stake in the company, though the final ownership structure is still being negotiated, this person said."

    The article also stated that it would be a tax free spinoff.

  • "PPL Corp. (PPL +1.1%) is in talks to sell a stake in its electric power subsidiary to P-E firm Riverstone Holdings as part of a tax-free spinoff of the unit, Bloomberg reports."

  • Barrons article (it's free to non-subscribers):

    "Cedar Fair units have rallied 24% in the past year, to a recent $52, and could climb to $60 in the next two years, says Alan Bazaar, CEO of Hollow Brook Wealth Management, a New York–based money manager. Add a yield of 5.4%, courtesy of the company's generous annual distribution of $2.80 per unit, and investors could pocket a total return of 20%. Small wonder they howled like banshees in 2009 when Apollo Global Management (APO) tried to buy the company for a mere $11.50 per unit."

    "Crockett has a price target of $70 on the shares, one of the highest on the Street, as he assigns value to the cash flow the company enjoys by paying low taxes, stemming from the fact that half its parks are in an MLP. He believes the net present value of the tax savings is worth roughly $840 million, or $15 a share."

    http://online.barrons.com/news/articles/SB50001424053111904125704579589910147353586?mod=BOL_hp_highlight_3

  • Reply to

    Is it Time to Sell?

    by sync2grid May 30, 2014 11:27 AM
    minesweep421 minesweep421 May 30, 2014 3:22 PM Flag

    Only you can answer that question. If you have held the shares for a long time you will probably have a hefty tax bill to pay from the realized capital gain if you sell. Also, your dividend yield may be much higher than the current 4.5%. I bought my shares back in March of 2000 and currently have a split adjusted cost basis of $9.30. My current dividend yield is 16%. I get back my initial investment every 6.25 years. I expect that I will leave them to my heirs who will receive the stepped-up cost basis.

  • Reply to

    Another 52 week high

    by fiweki May 7, 2014 3:56 PM
    minesweep421 minesweep421 May 28, 2014 3:43 PM Flag

    I like it. Another new high.

  • Estimate is 71 cents.

PPL
33.89-0.15(-0.44%)12:24 PMEDT

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