Post by
powerlunchmoney on Mar 03, 2021 12:41am
Aye
The sum of the parts is going to 20 a lot faster than either of them alone and you'll get paid to wait. I own both so im biased but I'm voting "Aye"
Comment by
Trapped on Mar 03, 2021 6:31am
I agree completely. These two stocks are inextricably linked until this goes through, so investors need to look beyond any near-term weakness and toward the certainty of this premier Montney play. Once finalized, this will definitely get the attention of large funds / institutional investors in the best possible way. GLTA.
Comment by
regardless on Mar 03, 2021 9:27am
How the heck are they gonna pay a dividend with 750million shares? unless it's 1% they can keep the dividend ../ I'd rather take the 7-10$ a share that vii can make in the next year and a half over their dividend that doesn't even pay margin interest
Comment by
powerlunchmoney on Mar 03, 2021 1:01pm
ARX alone could pay the dividend for both shareholders and pay down its own debt. Why VII hasnt done the same is anyone's guess. As some have said, CPP is tired of waiting. The synergies will be accretive. WCP and TOG traded sideways while that deal was being hammered out. WCP has been on a tear since the deal closed.
Comment by
MyHoneyPot on Mar 03, 2021 1:09pm
So ARC can extend there chicken feed dividend to VII generations share holders, and collect the 3 dollars a share from VII generation to feed arc's senior management. Thats what i expect. IMHO
Comment by
Westcoastenergy on Mar 03, 2021 1:45pm
Agreed. I own a lot of WCP and am not selling. The combinations of the new companies will add spectacular gains. WCP essentially stole NAL and there are so many options on the table, WCP is the energy stock to watch in my view. Am also holding onto my VII and my bread and butter, CNQ. GLTA
Comment by
powerlunchmoney on Mar 03, 2021 3:40pm
WCP got re-rated recently as well. This will happen to ARX new company after they close the deal in one month. In addition to that, there is also this little nugget that will bring all the boys to the yard: "The combined company is expected to have an investment-grade credit rating and plans to manage a low-cost capital structure with ample liquidity."
Comment by
Westcoastenergy on Mar 03, 2021 10:09am
Agreed. Reading this thread is like being in an echo chamber. A lot of short term navel gazing but not looking longer term. This will be a powerful play and the number you put forward is a realistic number over the next year. My shares are on the yes side.