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Bullboard - Stock Discussion Forum Alterra Power MGMXD

Alterra Power Corp is a renewable energy company. It is primarily focused on development, construction, and operation of renewable power projects. The company's business has four major segments - Construction and Development, Geothermal, Hydro, Wind, and Solar.

OTCPK:MGMXD - Post Discussion

Alterra Power > Banks are government monopolies
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Post by Newstock44 on Dec 27, 2014 7:41pm

Banks are government monopolies

They are very complex I do agree, they make money in a lot of different avenues, government of Canada will get the banks involved with renewable energies because that is where the money is, it is just like cel phone companies , cost a lot for the satellites, but once their up the money flows, and of course the government runs thoses too. Hope you own lots now cause middle of February it should trade at your .40 cent value only a 21% gain from last close.. Cheers
Comment by veracruz on Dec 28, 2014 4:44pm
We'll see, big wheels need to see positive EPS on an annualized basis. 0.40 sure doesn't scare me. I didn't miss the boat, rather I'm in the boat . I Treat AXY as I do INE & NPI. In big, and will buy every good pullback through 2020.  Average up, as the renewables movement has hardly started. 2017 - 2020 will be furious. Investors with some cheddar need to look out aways ...more  
Comment by Newstock44 on Dec 28, 2014 7:03pm
No inside info, just some research, what do you think orka is worth to axy.. Almost a million dollar dividend a year, not sure but if you do the math you can borrow a lot of money with just that dividend.i also think they will be profitable from now on. They just saved another 3-4 million on their refinance,. What is your buy price for Northland and Innergex, cheers
Comment by veracruz on Dec 28, 2014 8:54pm
Alterra,innergex, and Northland all have top shelf management, and anyone with credentials will agree to this. NPI just had a strange market reaction & I jumped on it at 15., adding to my position. I think they should trade in the 17s today, and value them in the low 18s.market reaction could easily send this pendulum into the 20s soon.many reasons. If available below 15.25 I will buy more end ...more  
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