OTCPK:ICPVF - Post by User
Post by
lotus1on Mar 19, 2017 10:17am
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Post# 25998983
Michael Sprung Likes Inter Pipeline
Michael Sprung Likes Inter PipelineBNN Market Call
March 17, 2017
Michael Sprung, Sprung Investment Management
Q: What is the ooutlook for IPL. It's been trading sideways for a while. I should switch to PPL, KEY etc.?
A: We own IPL. I would not think, it warrants switching. All pipleines' multiples look high, today. What you look for is their profile going forwards in terms of how much projects they have on hand. How much is that going to increase the flow of revenues. IPL has got a reasonable outlook going forward and we are quite happy to own it.
https://www.bnn.ca/video/michael-sprung-discusses-inter-pipeline~1080778