2017-01-08, 01:24 PM
Just a gut feeling that they are undervalued compared to most everything else! Reasonable div as well...
Originally Posted by 30seconds
2017-01-08, 01:52 PM
Also, AQN just closed a major acquisition in the USA. Depending on the power contract it has, this would be a major cash flow generator. That said, there will be headwinds for renewables in the face of Trump's determination to take the heat off coal fired plants.....though I think utilities will merely delay the closing of coal fired plants, not build new ones. The writing is on the wall despite Donald's pontifications.
AQN should now look back to Canada to take up the opportunities that premature closing of coal fired plants may provide. Short of the coal fired dinosaurs converting to gas, new supply must start coming on in the next 5 years. I'd think AQN and Northland Power would be keen to grab such opportunities.
AQN would be a long term strategy, not a short term sprint.
2017-01-08, 02:14 PM
Agreed! I have also been into NPI for some time, it's been really performing over the last couple of years.
Originally Posted by AltaRed
2017-01-09, 12:54 PM
2016-12-01 Buy Algonquin Power & Utilities Corp 500 shares @ $11.18
Originally Posted by Steve Divi
2016-12-02 Buy Crescent Point Energy Corp 300 shares @ $17.39
2016-12-02 Buy Altagas Ltd 150 shares @ $32.38
2017-01-09, 05:56 PM
BIR - birchciff @ $8.50
VII - seven generations @ $27.05
both to-day in my tfsa - $5500 all gone!!
added CPG to my existing position in my reg acct
Last edited by AMABILE; 2017-01-09 at 06:01 PM.
Reason: added cpg
2017-01-13, 12:11 PM
Picked up some more shares in TD and sold the last of my REI shares.
Looking at MAL and SXP right now.