OTCPK:ICPVF - Post by User
Comment by
splurgeon Dec 19, 2017 4:09pm
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Post# 27190328
RE:RE:IPL Dividend
RE:RE:IPL DividendAre you kidding me? The dividend is totally safe. Read my post earlier. They generate almost $100 million free cash flow per quarter . That is after dividends and after cap ex which also includes some Heartland spending. You are talking nonsense. This project is like many of their other arrangements whereby they are not exposed to the comodity and volumes. It is a fee business. The risk is execution on the buildout but they have always come on budget and on time and have a consevative BOD who are risk adverse. You are just slandering the company speculating the dividend is not safe when you don't provide any numerical support behing your idle thoughts. Just wait and you will see a divy increase. As for someone suggesting an equity issue to fund the start up...well nope. They will borrow and use internally generated funds and the equity component will be funded that way. We all read their press release where they also stated so. This management won't say that and then screw you with an issue. Simply. financially no need for an issue. Nevertheless there are many investors who don't look at financials or cash flow statements and talk from their hip so the stock will do what it does.
splurge