RE:RE:May 4 Massacre - Bought Morefreedomfiddy wrote: JOHN SP - Cash flow might be as forecast (for now), but the statement "More specific timing on the in-service date, as well as any potential impacts on the 2020 financial outlook, will be provided once the revised construction schedule is finalized", is still a little concerning. If they come out with a revised outlook for next year, and earnings are projected to be less than expected, another 5 % drop wouldn't be out of the question.
You don't think that the 5.5% drop today is already factoring in a revised (lowered) outlook for next year? ENB just had about 3.8 billion in market cap wiped off due to this 1-year delay.