TA on BNNSummary of remarks from Mohsin Bashir on Wed Feb 19 as recorded in stockchase.com:
With this and most of the major pipelines, the multiple is always going to be high in this type of environment. Also there is a longer term overhang of rising interest rates, which could pull these down. However, he feels the dividend is safe and there is a pretty good runway of infrastructure build-up for a number of these names, not just this one.