Pembina Pipeline Corp T.PPL

Idiots at Pembina...

[poopoopoo]

Highly strategic is about all they can say that is true about the deal....
What else can you say when you overpay for a company just for the sake of getting bigger.
The cost savings are piddly amounts so who cares.
No idea if the plant even works yet or if they built it correct so big role of the dice there.
It really just gives a tiny win for IPL and a huge win for Brookfield as now they get the liquidity needed to dump their shares as all they wanted to do was talk up the stock and fid some idiot to give them an exit. Enter Pembina management.....
This kinda sucks for Pembina as now the potential for a dividend increase which likley would have happenned later this year will soon be a distant memory.
What can I say when management overpays for a company?
Lower share price kinda tells the story....
Now we wait for later this year and pray that the palnt does nto have more cost overurns, delays, design errors, etc. All we need is a bit of that and down goes the share price.
Ya, I think Pembina management needs to be fired...

[savyinvestor333]

Did you not read the full news release. We are getting a dividend increase.

[poopoopoo]

Pembina is raising the dividend by 1 cent to try to sell the deal. They would have raised the dividend by a lot more later this year without it though. NOw they need to pray that it gets built with no more cost overuns, it works properly and not dealys to starup or that 1 cent dividend increase will become a massive future cut. They really are just rolling the dice. The stock is down. If it was a

[mnztr]

Even if the plant blows up when they start it this is still a good deal. The FCF from ending the plant build + efficiencies make this a GREAT DEAL. If the plant works (and by all accounts the guy running it is a well known person in this type of chemical processing) it will add and even larger pile of FCF into and already huge pile.

[Antonyius]

I hesitated a little this morning but I out my money where my mouth is and doubled my ppl holding Like you said, even if the heartland project blew up ipl would probably be worth around what ppl is paying right now

[Dibah420]

Antonyius: "even if the heartland project blew up ipl would probably be worth around what ppl is paying right now". That's a bit rich.  Are you forgetting (a) debt and (b) IPL sold off a big chunk of their EBIDAT in the Euro storage business.

[Divypro]

You are sooooo wrong. Pembina would have increased the dividend by 1 cent this year, not more as they lack growth projects. there is no other stock that you can get a 7% yield and a 60% payout ratio, not even ENB. the stock is down due to large funds getting out of PPL as they already hold too much or also hold IPL which makes them way overweight. The stock will climb going forward.

[firstworld]

Makes sense ppl is another massive welfare receipient beat to bundle them together so they can be nationalized like oilsands haha

[youknowwhat]

Thank goodness poopoo you are hiting the exit button. I see no idiots at PPL but I see one idiot shareholder hiting the exit button. Adios Amigo

[Dibah420]

poopoopoo: I am not a holder of PPL... yet.  But I believe you are wrong on so many assumptions you may have to eat your.........words. Cheers.

[masfortuna]

You Sir are an idiot. Simple and to the point. mas