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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 > Thank you CSE
View:
Post by materialsgirl on Nov 25, 2015 1:24pm

Thank you CSE

The 6% rise in the AXY price today is primarily because of the rumour that AQN will buy CSE.

Some investors are thinking that as soon as CSE is taken out of its misery another company will off to take out AXY.


Ross Beaty would then be in a pickle if he did not want to sell.  He would have a fiduciary duty to other shareholders to act in their best interest,  What would happen?   It is not clear.

mat
Comment by RDK241t on Nov 25, 2015 3:59pm
Either way it will be good for us shareholders as long as you got in relatively low. If Ross Beaty hangs tough he will grow the company and if he sells we still come out ahead. I'm a long  term investor so my hope is the company grows. I think alternative energy stocks will do very well after the Paris summit on climate change. In my opinion there will large energy companies buying up ...more  
Comment by materialsgirl on Nov 25, 2015 8:40pm
RDK; I share your expectation that green energy will grow and grow.  Also that bigger companies will get taken out by bigger ones. The question in such an environment is this.  Will this great expansion in production lead to more profits or not?  If production doubles and the new negotiated prices lead to a 50% cut to net margins then the total profits could be the same in ...more  
Comment by BoldForbes on Nov 30, 2015 4:46pm
Materialgirl/Matilda wrote: "I share your expectation that green energy will grow and grow.  Also that bigger companies will get taken out by bigger ones." I have posted a few times the old-timer utilities have had a mind change and I started following Southern Company as they continue to purchase renewable energy production products in the southeast US. Currently, renewable ...more  
Comment by veracruz on Nov 25, 2015 4:12pm
Ross will not be in a pickle but rather will be swimming freely in the jar. He does not have a fiduciary duty to do what you think is best. And when it comes down to it, he gets a vote and a say. There have    been many opportunities never presented to common share holders. Bottom line is..... You're just stirring the rumour pot for yourself, not the good of the company.
Comment by R_J_ on Nov 25, 2015 5:16pm
As a Californian, I have absolutely no idea what we are talking about. The symbols AQN & CSE mean nothing to me, as I have never heard of either of them. In the interest of myself and other ‘aliens’, I decided to Google them. Algonquin Power & Utilities Corp. (AQN.TO) Ontario, Canada Market Cap: 2.5 B; Yield: 4.75 - - Capstone Infrastructure Corporation (CSE.TO) Ontario, Canada Market Cap ...more  
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