RE:RE:BNN....One of my only concerns on any stock we hold is PPL buying TMX. The other being what happens to the oil side of the TRP split.
Anyway, I'm not sure where the heck you got this comment from but Ryan Bushell definitely did NOT say what you posted.
His actual word for word quote from Market Call top picks is: "There's an overhang on the stock we think potentially because they may or may not purchase some of the Transmpuntain project if and when that were to become available".
That is way different from your incorrect posting and I agree with Bushell that thi is a real concern and is not "overdone".
ace1mccoy wrote: MarketCall Top Picks
Ryan Bushell's comments
Pembina Pipeline (PPL TSX)
We continue to accumulate pipeline companies with six to eight per cent dividend yields. Pembina is in excellent shape with a strong balance sheet and gas volumes set to markedly increase in the back half of this decade due to the startup of LNG Canada next year. The overhang of a Transmountain purchase is overdone in our view. We believe in CEO Scott Burrows’ ability to make careful and accretive acquisition decisions given his track record.