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Brookfield Infrastructure Partners LP BIP

Alternate Symbol(s):  T.BIP.PR.A | T.BIP.PR.B | T.BIP.UN | T.BIP.PR.E | T.BIP.PR.F | BRIPF | BIP.PR.B

Brookfield Infrastructure Partners L.P. is a global infrastructure company. The Company owns and operates in the utilities, transport, midstream and data sectors across the Americas, Asia Pacific and Europe. The Company’s segments include Utilities, Transport, Midstream, Data and Corporate. The Utilities segment consists of regulated transmission (natural gas and electricity) and commercial and residential distribution (electricity, natural gas, and water connections) operations. The Transport segment comprises infrastructure assets that provide transportation, storage and handling services for merchandise goods, commodities, and passengers. The Midstream segment comprises systems that provide natural gas transmission, gathering and processing, and storage services. The Data segment comprises critical infrastructure servicing customers in the telecommunications, fiber, and data storage sectors. It is also a data center provider.


NYSE:BIP - Post by User

Comment by whodathunkiton Nov 30, 2016 6:43pm
109 Views
Post# 25537075

RE:RE:RE:Definition Of "SCAM" Artists

RE:RE:RE:Definition Of "SCAM" ArtistsI'm far from a gullible newby but apparently you are rather rash in your reactions and are not above stretching the truth.  Minor detail, they announced 3 weeks ago, not one week, that they had renewed their normal course issuer bid.  Note that it says "renewed".  Meaning they had one before and want to extend it for another year.  They only purchased some 144K units last time around.  Was that fraud?  Things change, BAM decided that they wanted BIP to hold more of the Sept Brazil investment so more money is needed.

As a long term investor I see nothing wrong with what they've done.  If you are a shorter or actively trade in and out then yes, you might feel a little hard done by because you got caught off guard.  Too bad so sad.  Stick around and the share price will be back up again.

Cheers.
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