Investing

Is anyone eyeing the Kinder Morgan IPO?

  • Last Updated:
  • Jun 2nd, 2017 2:14 pm
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31 replies
Deal Addict
Mar 27, 2003
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With the way the BC elections turned out, it's going to be quite a ride. Face With Tears Of Joy
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Feb 11, 2009
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Toronto
jerryhung wrote:
May 27th, 2017 7:50 am
Discussed here
new-issues-ipo-thread-enf-33-15-cve-16-1983877/


I would NOT, after getting burned by CVE at $16
This is $17, below $19-$22 range = no demand at all
You have to stop comparing IPOs against secondary offerings, they're completely separate beasts.

That said, I'm not too optimistic on this one, I did get a very large chunk of shares, with a 100% fill rate from TD...I'd be surprised if it opens in the green.

Only reason I even got it was I left for vacation after placing the order initially, and completely forgot about it until I got back this weekend. Would've otherwise cancelled it given it was still "open" even after pricing was announced
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Sep 19, 2004
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Waterloo
deal_with_singh wrote:
May 29th, 2017 5:14 pm
You have to stop comparing IPOs against secondary offerings, they're completely separate beasts.

That said, I'm not too optimistic on this one, I did get a very large chunk of shares, with a 100% fill rate from TD...I'd be surprised if it opens in the green.

Only reason I even got it was I left for vacation after placing the order initially, and completely forgot about it until I got back this weekend. Would've otherwise cancelled it given it was still "open" even after pricing was announced
I'm only comparing it because both are energy related, which are getting no love nowadays

Anyway, no luck with recent IPO or secondary
CVE, ENF, REAL
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Oct 7, 2007
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Personally, I don't think either pipeline is going to happen anytime soon. Governments can pave the way by passing approvals but I see a lot of resistance on both fronts. I don't invest in stocks and don't have any financial motivation behind my opinion. It's just a feeling I get from the kind of opposition I see.
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Mar 27, 2004
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ndp and green party are forming a coalition government in BC, this project is on hold.
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Apr 12, 2015
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Shady side of Narnia
Know someone who knows someone who knows someone in IPO's. If retail is getting orders filled, it's a bad buy. Big boys get first dibs apparently.
popbottle wrote:
Apr 19th, 2015 1:41 am
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Sr. Member
Nov 13, 2013
714 posts
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OTTAWA
Substantial drop this morning. How much is this stock worth without the expansion? I suppose it also depends on how much money they spend trying to get the expansion passed.
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Oct 9, 2008
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Thornhill
I'm keeping an eye on this for a slightly oveweight position.
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Oct 9, 2008
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Thornhill
Entering Norbert's Gambit from USD - CAD right now.

--

Placed bid for full position (scaled back on going overweight) @ $16.15

--

Filled @ $16.15 C
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Nov 13, 2013
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OTTAWA
Jeenyus1 wrote:
May 30th, 2017 10:18 am
Entering Norbert's Gambit from USD - CAD right now.

--

Placed bid for full position (scaled back on going overweight) @ $16.15

--

Filled @ $16.15 C
Aren't the NYSE and TSX listings separate companies?
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fogetmylogin wrote:
May 30th, 2017 10:36 am
Aren't the NYSE and TSX listings separate companies?
Yes. Through BMO the TSX listing was: KINDER MORGAN CANADA LTD (CA: KML)
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Nov 13, 2013
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OTTAWA
Jeenyus1 wrote:
May 30th, 2017 10:49 am
Yes. Through BMO the TSX listing was: KINDER MORGAN CANADA LTD (CA: KML)
So how did you use the gambit with this stock?
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fogetmylogin wrote:
May 30th, 2017 11:23 am
So how did you use the gambit with this stock?
I didn't, I use Norbert's Gambit on BMO stock to exchange USD to CAD.

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