RE:so who are these guys taking out?Cheadle12 wrote
Keyera? IPL?
Can't just sit and sleep.. plus their Jordan Cove LNG is on hold forever it seems..
So sleepy.. make a move Pembina or my money, moves to another name..
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Why should they take anyone out? Pembina is bringing in nearly $2.3 billion in cashflow per year as it stands. They payout $1.3 billion in dividends and have nearly 1 billion leftover in free cashflow to fund their growth capex projects which will increase their cashflow even more.
Good solid company that is doing very well as things stand. If a really good deal comes along they should and i am sure would jump at it. At the same time they should not make a deal just to say they are making one. The problem with some investors is that they seem to need to see things happening all the time with a stock they own.In fact the Real money is made by holding good quality boring companies such as this one for decades on end.
On another subject i live in Prince Rupert and was out at the Propane plant site yesterday and they have a bunch of propane rail cars in the railyard that they built off the main rail line. It appears the propane plant is ready to start shipping propane soon.