Interesting articleBig write up today in FP of Van Sun about pipelines in Canada. The thesis of the article is how
big money is now entering into to Cdn market looking for good companies that are undervalued
due to the neg oil & gas & related infrastructure(pipelines) sentiment that has existed in Canada.
The US hasn't had quite the same level of resistance so as a result, the opportunities are much
greater in Canada.
With the recent approval of most of the big pipeline projects. American investment money is wanting in now. They love what their higher $ can buy here. Long life projects with stable
dividends and decent growth at undervalued prices is music to their ears. That noted, does
this mean our pipeline co. are still a bargain and will continue to attract big money to the sector?
The article suggests they are which means US institutions such as banks, life insurers, and the
pension funds & others will provide the buying support to prop up the sector for some time to
come. Something to think about before you hit the sell key. That's what you're seeing already
in the market.