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Thread: TransAlta (TA)

  1. #241
    Senior Member
    Join Date
    May 2009
    Location
    A Southern B.C. Gulf Island which will remain nameless....
    Posts
    779
    Been watching TA a bit lately... Spent part of the day reading through this thread. Any temptation I may have been feeling to buy some of this stock has been quenched. Thanks to all, and condolences to those who stuck with this dog.


  2. #242
    Senior Member
    Join Date
    Jun 2009
    Posts
    2,203
    I can't belive they haven't cut the dividend. Management is either delusional or they really feel they can get through this.

  3. #243
    Senior Member My Own Advisor's Avatar
    Join Date
    Sep 2012
    Location
    Ottawa
    Posts
    654
    They will make it through but with one dividend cut on the way later this year. Just my hunch.
    My Own Advisor - My blog about saving and investing my way to financial freedom.

  4. #244
    Senior Member
    Join Date
    Apr 2011
    Posts
    2,430
    Quote Originally Posted by Cal View Post
    I can't belive they haven't cut the dividend. Management is either delusional or they really feel they can get through this.
    If they cut stock will be tanking (even though possible dividend cut is already priced in), and TA wants to prevent it by any means possible

  5. #245
    Senior Member
    Join Date
    Feb 2011
    Posts
    562
    I think TA will be in play if they fall much further. They have suffered from poor uninvolved disinterested management for 15 years at least. I think they should start selling off assets to businesses that have a clue but that would mean the board actually gives a sh_t about shareholders. Makes me sad what has happened to this once proud company...

  6. #246
    Senior Member
    Join Date
    Mar 2010
    Posts
    175
    heard they have a broken power plant... yikes!


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