RE:RE:so who are these guys taking out?Hey Sclarda
How she go?
Very well said. I've always thought very highly of Pembina's management. They almost always seem to do the right thing. The only time Ive questioned them is being so stubborn on Jordan Cove (which was sort of a Vereseen hangover thing)
I'm not too sure on thie Cheadle guy. I've run into him on the Keyera board as well. I'm not too sure he has much of a clue.
Ciao
Sarge
sclarda wrote: Cheadle12 wrote
Keyera? IPL?
Can't just sit and sleep.. plus their Jordan Cove LNG is on hold forever it seems..
So sleepy.. make a move Pembina or my money, moves to another name..
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Why should they take anyone out? Pembina is bringing in nearly $2.3 billion in cashflow per year as it stands. They payout $1.3 billion in dividends and have nearly 1 billion leftover in free cashflow to fund their growth capex projects which will increase their cashflow even more.
Good solid company that is doing very well as things stand. If a really good deal comes along they should and i am sure would jump at it. At the same time they should not make a deal just to say they are making one. The problem with some investors is that they seem to need to see things happening all the time with a stock they own.In fact the Real money is made by holding good quality boring companies such as this one for decades on end.
On another subject i live in Prince Rupert and was out at the Propane plant site yesterday and they have a bunch of propane rail cars in the railyard that they built off the main rail line. It appears the propane plant is ready to start shipping propane soon.