Post by
ocean112 on Feb 24, 2015 8:47am
Purely conjecture.....
and I don't want to stoop to the level of Kherson with his area 51 theories, but i'll state it for the record in the event my theory materializes.....
a) Bids were received end of December
b) One E&P and the midstreams are still in play per the whistler conference. The midstreams that may be in play might include Gibson, TransCanada, Enbridge, Kinder Morgan, Pembina, Interpipeline, Keyera, Altagas
c) In total (with the E&P) - 9 bidders.
d) We're end of February with no announcement. My guess is thier banker (for Canexus) is playing agent shopping the highest bids to the other midstreams and negotiating on thier behalf.
e) If the bids had been too low - I have to believe there would have been an announcement weeks ago that Canexus will keep NATO to remove uncertainty from the market.
f) TransCanada has mentioned they would like to enter crude by rail business "within a few months"
g) Q4 year end is a week from this Friday - my guess is Canexus would prefer to have an annoucement then then wait till end of March to remove uncertainty.
I give it a better than 50% chance we will have an announcement on the sale of NATO a week from this Friday. If so - there may be a run up in share price which may explain some of the recent buying pressure.
purely conjecture - but putting it out there.
Comment by
Kherson on Feb 24, 2015 12:40pm
So Ocean112, are you buying at these prices? I highly doubt that you are considering your ties to management...LOL... Kherson