Pembina Pipeline Corp T.PPL.PR.G

An Interesting Cycle...

[BlueJay2020]

PPL share price rises above Brookfield's offer, causes IPL shareholders to sell IPL and buy PPL - this further pushes up the PPL SP and has a downward pressure on IPlLs SP, causing more IPL shareholders to bail out, and so it carries on.

In the end, the only ones left in IPL will be those refusing to sell out for less than $24, but will probably end up selling to Brookfield for under $20.

[Kidlapik]

Personally im holding IPL until this deal is finalized one way or the other. Either I get PPL shares, which is my preferred outcome or I get the cash from BIP, probably to buy PPL shares but maybe not I prefer PPL with HPC upside.

[Figlen]

I agree with you in general ,however, I'm holding my IPL overweight position because once PPL gets the stock price momentum it should, and with a substantial period of time before this merger can happen, I also win by getting at least a 0.5 share of each PPL for my IPL. If I thought the IPL price was getting way ahead of itself that could create some pressure to reduce my position, but right

[BlueJay2020]

I certainly wouldn't want to be in the shoes of an IPL shareholder right now - stuck between the devil and the deep blue sea. I used to be, before I realised that PPL's management was vastly superior and was given a golden opportunity to switch when COVID meant that great companies (PPL) got walloped just as much as the good (IPL). However, I would equally certainly choose the blue sea

[Albatross]

I wanted IPL to go it alone but I saw that wasn't happening. After a hard night of beers I saw the writing in my alphagetties soup the next day.. buy pembina. You do have a point. Once Pembina is trading above $40 IPL will follow in lockstep. I just wanted to capitalize on the difference in values the market was trading at and capitalize I sure did. I think I got close to 0.55 Pembina per

[mrbb]

a good move to maximize value for ipl shares you got. I was thinking, what if bipc want to milk a bit more money out of this deal. Say, what if bipc bump the offer to 20-21 cash?  We all know this is still undervaluing IPL and both bipc and ppl have room to up their bid, especially for ppl since they are using all paper.  This could bump up ipl share price to 21's. Since bipc has

[mrbb]

No, people who still hanging onto ipl can let ppl close the deal and auto convert to PPL share at 2 for 1 ratio.  

[JTPnewBrunswick]

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