OTCPK:ICPVF - Post by User
Comment by
hawk35on Aug 08, 2019 6:36pm
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Post# 30008708
RE:RE:RE:Storage Rumours Confirmed - Potential Game Changer
RE:RE:RE:Storage Rumours Confirmed - Potential Game Changer
Sometimes selling parts of a company makes sense.
Often when a company makes an acquisition, the increase in the size of the business footprint makes the whole company more valuable. This may be the case with their storage business.
And IPL has about $4.2 + billion dollars in potential projects that have not been approved / started yet. (not including Heartland) If they crunch the numbers and discover that these projects offer a higher rate of return than Storage, than it makes sense to sell and focus on the most profitable part of the business. And it gives them the ability to start some of these projects before Heartland is up and running without upsetting the debt rating agencies.
Shareholders want management that is forward looking and strategic. Lets hope this is the case with IPL.