RE:RE:RE:RE:Pembina should aquire Heartland My wife & I also owned PPL, IPL, and BIP.UN before the take-over and totally agree with you. I'm getting a little tired of companies with huge debt (ie: ALA, IPL, and now AQN) and was very happy that PPL didn't up the bid. I suspect Brookfield would have eventually done what they needed to do to win the take-over anyway.
Since all the take-over BS, we have sold all our BIP.UN shares (at a huge profit, I might add as we bought in Mar, 2014). I really hate how slimy Brookfield seems to be. They also seem to do a pile of financial engineering and totaly weird stuff.
We had also owned BEP.UN and BPY.UN and had sold all the BEP in late 2020 and early 2021 (also at a huge profit as we also bought it in Mar 2014) when the renewables looked like a total bubble and the BPY.UN with the Brookfield roll-up (only minor profit as it was a mess).
Anyway, I'd be happy if Pembina just lets things settle out a ltitle and leaves well enough alone. For now, they have enough good money making assets and have gottem some bad projects off their books.
Ciao
Sarge
bttmfischer wrote: In a way of disclosure I owned IPL and PPL and Brookfields at the time, and was convinced that Pembina could not take on any more debt to buy IPL AND Heartland at the time.
Just look at the EPS number of PPL, to get the idea.