OTCPK:ICPVF - Post by User
Comment by
writer21on Jul 13, 2021 3:52pm
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Post# 33536985
RE:RE:The opinion of an IPL shareholder
RE:RE:The opinion of an IPL shareholder
Thank you for your comment bttmfisher.
Regarding the appeal by BIPC, you are right, it is uncertain if not unlikely that BIPC will appeal. But there will certainly be a reaction from BIPC, in addition to extending its offer.
Even if HPC's expected earnings were overestimated by 50%, they should still help boost IPL's cash flows. And even at 50% of the forecast, IPL's earnings should allow for a much higher dividend than that proposed by PPL.
Why do I intervene now?
IPL is only one of my investments. I intervene only when necessary. I currently perceive that there is a deviation from the debate to present an obligation to sell IPL to a third company, in this case BIPC or PPL. This is wrong.
IPL is an autonomous company by itself. And the HPC project will soon be completed.
The rejection of the current offers from PPL and BIPC does not necessarily mean the end of the discussions. PPL and BIPC understand the value of IPL. Let's hope that IPL's shareholders understand it as well.
Best regards.