Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (57930)	9/7/2016 10:15:10 AM
From: Wallace Rivers	Read Replies (1) \| Respond to of 78673

I'm a luddite, been posting on this thread since the turn of the century. Thus, my picks are pretty plain vanilla, and I prefer a dividend. Last week, purchased BMY in two lots. Monitoring KR sub 31.

To: Paul Senior who wrote (57930)	9/7/2016 3:33:22 PM
From: gcrispin	1 Recommendation Recommended By E_K_S Read Replies (2) \| Respond to of 78673

I added to my SE position today. If it pulls back, I will add again. Certain pipelines are extremely valuable and have moat-like qualities as I stated in a previous post. Such is the case of the Texas Eastern pipeline. Message 30366308 As outlined in the Houston Chronicle reporting, it is the Texas Eastern that Enbridge coveted. "Enbridge operates the longest crude oil and liquids transportation system across Canada and the United States; it also owns and operates Canada's largest natural gas distribution company, which serves Ontario, Quebec and New York state. And it has recently been building and buying up gas plants, pipelines and wind farms from Texas to West Virginia. Analysts said Spectra made an attractive target because of one specific web of pipelines, the Texas Eastern Transmission lines, which run for 9,000 miles in total and stretch from the southern tip of Texas to New York City, connecting Gulf Coast producers to lucrative markets in Indiana, Ohio, Pennsylvania and New York." Since there is very little overlap between the two systems, I believe this company will continue to grow in an environment where it will be increasingly difficult to build pipelines. In the most recent investor presentation, Spectra stated that there are one hundred coal plants within twenty miles of their gas pipelines. With the anticipated dividend increases, I believe this is a good long term hold.