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Bullboard - Stock Discussion Forum Alterra Power MGMXD

Utilities Utilities - Independent Power Producers
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 > Reinvest or not
View:
Post by Newstock44 on Nov 28, 2016 10:47am

Reinvest or not

Its dividend day, wow long wait for those magma investors.. What will happen if all 728,208.65 goes back into the company, are the shares going to bounce back, or do we need to hear from Trump that he changed his mind and renewables do produce more jobs and I that's HUUUUge. Well at least I am getting paid for doing nothing now every 3 months ..now I know how management feels quarter after quarter with know great results but still getting that paycheque..cheers 4.40
Comment by BoldForbes on Nov 28, 2016 12:25pm
Newstock44, The MGMXF shares I hold I was informed are not subject to a reinvestment plan, so I am forced to take my funds.   I wonder if the stock will be close to the $5 CAD mark for a while:   1.  $0.05 / $5.00 = 1% yield (under $5 = yeild > 1% 2.  Utility sector not performing well 3.  Confusion in market place regarding renewable energy 4.  Market stating ...more  
Alterra Power