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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (41937)	4/11/2018 6:53:06 AM
From: Goose94	Respond to of 202371

Inter Pipeline (IPL-T) Christian Bayle CEO on BNN.ca @ 1120ET

To: Goose94 who wrote (41937)	7/16/2019 8:19:02 PM
From: Goose94	Read Replies (1) \| Respond to of 202371

Inter Pipeline (IPL-T) top pick from Ryan Bushell on BNN.ca Market Call Tuesday July 16th @ 1200ET We’ve been looking at Inter Pipeline for some time as they’ve developed their polypropylene facility in Alberta. They’ve finally pulled the trigger this month. The market has been concerned about their funding plan, but with the recent rate drop it’s likely the company won’t have to issue further equity to fund the project and may even consider eliminating their dividend reinvestment plan (DRIP) as a signal of confidence. A suspension of the DRIP or an announcement of firm offtake for the facility to be completed in 2022 has the ability to lift shares materially. I think both are likely to occur in the next six to 12 months. In the meantime, you’re paid a nearly 8 per cent yield to be patient in a sector that has had strong performance year-to-date. I took profits in TC Energy, Altagas, Pembina and Enbridge to fund the purchase, as all of them have outperformed the market so far in 2019.