Pembina Pipeline Corp T.PPL

RE:RE:RE:Pembina don't be an idiot....

[Sapho]

SargeX wrote: Just saw the press releasse saying PPL is NOT going to up the bid. Excellent news!!

One thing I did find a little odd is that PPL shareholders are supposed to vote on the deal. I don't think I've ever seen a case where the shareholders of the company doing the take-over actually vote on it. Have other people seen this before??

Ciao
  Sarge

SargeX wrote: Totally agree that I would be disappointed if PPL ups the bid. I've always thought that the PPL management was top-shelf so I suspect they will just leave things alone untilt the July 29th vote and see how it plays out.

I suspect that if the IPL shareholders vote it down and PPL lets the bid die, the PPL share price will have a quick buck or two bounce,

Ciao
  Sarge

poopoopoo wrote: Being a Pembina shareholder I was kinda upset that they bid for Interpipeline. There is still a lot of execution risk in their project and it is fully valued in my opinion. If they would never have made the bid the stock would likely be in the $44 to $49 range by now instead of $39.

Now I pray that they do not up their bid. Let Brookfield take Interpipeline if it is able to and take the break up fee. Brookfield will cut up the business so their will be pieces to buy at a discount down the road.

Overpaying for something is the worst way to treat shareholders so I hope they do not do this. 

 

Never in 30 years of investinglthis is  crazy , So much about mgmt competnce.