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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 > toughts BoldForbes & Newstock44
View:
Post by RDK241t on Nov 10, 2016 9:47am

toughts BoldForbes & Newstock44

BoldForbes & Newstock44: Any thoughts on yesterday's conference call/quarterly report?
Comment by BoldForbes on Nov 10, 2016 12:10pm
RDK241t, I will wait to listen to the replay and finish reading the MD&A to comment in detail.  Been too busy in my day job this week.   I didn't think the quarter was that bad, didn't think it was that good either.  Not sure why the stock is being punished. If you are a long-term investor and like Warren Buffett quotes, " “Be Fearful When Others Are Greedy and ...more  
Comment by SimplyRunRig on Nov 10, 2016 12:19pm
My theory is that EPS was over-estimated (https://web.tmxmoney.com/earnings.php?qm_symbol=AXY), and so now it's being over-punished. The high PT is still $8.50, so I think/hope it will recover, maybe after dividends start getting distributed.
Comment by RDK241t on Nov 10, 2016 12:46pm
I think the uncertainty around Trump's climate change policies is what's hurting the sp at present. 
Comment by MOJOJONO on Nov 11, 2016 12:38am
I sold on that. Should have sold right on day after election. Ah well.
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