OTCPK:ICPVF - Post by User
Post by
splurgeon Aug 10, 2018 11:09am
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Post# 28440621
IPL Q2
IPL Q2So IPL is down 4%. FFO up 26.3% y/y to $261.5 mln and and on a per share basis 21.4%. Payout using dividends and sustaining cap ex declined from 81.3% to 67.6% y/y. Not sure what expectations were but this is not too shabby. Per share numbers going forward will face dilution from their drip in combination with interest costs while they spend on Heartland project and debt rises. Once complete cashflow will surge and I plan to sit tight on this one. They need to manage expectations out there because there will be a lull during this transition as most of us know.
splurge