OTCPK:ICPVF - Post by User
Comment by
Crtclthnkron Jun 04, 2021 1:56pm
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Post# 33330871
RE:Undervalued and underwhelmed
RE:Undervalued and underwhelmedI've held IPL for more than 10 years, primarily for the dividend. I just sold all shares yesterday as I just wasn't as optimistic about the immediate success of the Heartland project or the Debt load. There are significant risks and I believe your assumption is immediate success.
I believe these are valid questions. Why is IPL for sale? Why is it BIPC or PPL? It appears to me to be a desperate fire sale.
Of course there is potential for huge long term cash flow but not without significant short term risks regardless of who owns it.
I took the immediate perceived premium.