Pembina Pipeline Corp T.PPL

PPL doesn't need IPL

[hawk35]

I was glad to hear PPL was reaffirming their offer with no increase.  PPL does not need IPL.  That is the simple truth.  They have so many of their own projects in the queue and two real big ones on the horizon that appeared in the last month (Trans Mountain and Carbon Capture). 

It might be best if PPL walks away with the $350 million.  I don't know if they would buy IPL assets from Brook since I've got a feeling that Brook is bidding real cheap but they will ask a royal premium for any IPL assets they sell.  PPl can afford to pass on that.

Regardless, PPL is headed much higher with or without IPL.

[stocktalk]

Exactly, grab the $350 million and run ! or put the cash in our lucrative projects.

[TheBridge]

Anyone with a non-functional brain would claim that PPL doesn't need IPL. Must they have it ? No! Do they want it? Yes! Why? Because it enhances their operation! It provides an excellent opportunity to grow! It provides them with a petro-chemical plant that they had been planning on building anyway and at a much lower cost than what they would have been able to do on their own. A petro