Different product, similar result

[WiltonRanch]

We own the rail beds already. Time for a leader to sit Hunter and Claude down and tell em to lose their pompous attitude and put some of their great profits into infrastructure or they get taxed for rail beds into oblivion. Whatever way it goes money is available to fix the rail lines. Even an eventual double track or more pull outs to allow for passing trains. This isn't just an ag issue. This is important for the whole country. Our leadership is too naive to realize how crippling the rail quandary is to the economy. I hate govt meddling but when it can impact our general economy and even national security then shit has to get real.

[TOM4CWB]

Wilton,
Your words... In somewhat less discriptive words, is what PM Harper told CNCP a few weeks ago in Saskatchewan.

[tweety]

Should farmers start their own railroad? Or perhaps buy one out?

Not sure how this turned into railroads, i thought it was about the incredible value we lost, as per grassys in depth stochastic modelling analysis, of the Canadian wheat board.

[tweety]

Anyone know what it would cost to buy CN?

[WiltonRanch]

Yeah Tom that's right. Rubber needs to hit the road now. Where I am located rail movement has been decent just as you probably are too because it's closer to the coast. When rail cos need to meet targets they service the closest to the coast cause turn arounds are quicker. Kinda like the ussr with its factory production targets. Factory was told to produce 50000 lbs of nails a month but no specs on actual size so they made 5000 10lb nails. Think there needs to be some oversight so this bs doesn't go on and our eastern neighbours can get their grain out too. Not to mention potash oil coke coal etc and all the stuff that comes back to us. A good rail system is as important to our national security as is the military. Inadequate rail infrastructure costs everyone and that is why it should be dealt with as such. The rail cos can't be trusted with throwing money at them to improve infrastructure. Look at how they maintained the CWB cars. Better for there to be some detailed plans for improvements put in place and a start and finish time or the rail co gets taxed to hell for the rail beds to cover improvements. We give away half the decent land to the rail cos back in the day so they have to pony up now.

[BreadWinner]

It would only take $201 billion to have a controlling interest in CN.

[tweety]

Any smaller ones for sale?

[WiltonRanch]

Ha ha. 201 billion. We have two rail cos to deal with. I don't think we need to be nationalize anything. Govt doesn't do a great job running companies. We still own the rail beds that is enough to hold sway if we want to. All governments of the past 40 years or more have neglected to influence rail cos to keep up the infrastructure. Now to fix the problem it's going to take a lot of money and time. Oil trains are here to stay. May as well accept it and upgrade stuff so it can coexist with everything else.

[TOM4CWB]

Tweety, here are the CP Rail numbers;

"As of March 6, 2015, CP had 164,225,864" on the CP site.

WOW! Is there repurchase program driving this stock up!!!

CANADIAN PACIFIC RAILWAY LTD Common Stock
TSE: CP - Apr 9 3:59 PM EDT
236.61Price increase5.03 (2.17%)

If there are 162M shares at $236/share: $38,232M share value estimate.

CN Rail= 814,717,092 CN common shares were issued and outstanding Oct 15 2014.
$805M at $68 per share is $54,740M share value estimate.

So this means that CP Rail is worth about $40B and CN Rail is worth about $58B or $100B total value plus outstanding debt to be repaid.

This means when CP has repurchased 20M shares, at $200/share, that is 4,000M or $4B not the $20B I said earlier. Sorry CP... my Calculator goofed!