AltaGas Ltd T.ALA

Not even 4 weeks away from ''2021''guidance

[bossu]

The 2021 Guidance and Strategic conference call could bring ''stunning''announcement where ALA will confirm :
-ALA to deliver the high end of the 2020 EBITDA projection or more than $ 1,3 B
-Confirmation of the Petrogas acquisition
-Confirmation the new  EBITDA 2021 guidance including the 74% ownership of Petrogas acquisition where ALA is expecting:
« to earn an estimated $185-million of normalized EBITDA in 2021»
-New guidance to be expected:
without Petrogas +6 % $ 1,378 000 M
Petrogas acquisition   $     185 000 M
............Total.................$ 1,563 000 M

The growth rate would be 20 % Y/Y

-Cancellation of the monthly dividend to be replaced by a quarterly dividend  
-10% increase of the quartely dividend to 0,264
( 3 x 0,08 =0,24)*10% =0,264 /
and a 5,5% yield on a share price of $ 19

This is what I'm expecting from ALA in the next few weeks and not out of range.

So Hello $ 20 next July

[Johnwith30years]

I agree $20 may not be too far off.  But I think they may calculate that investors want monthly income.  Randy indicated he thought EBITDA would be above the mid point in the range so with a desire to surptise on the upside I think the high end or exceeding is entirely possible.  Agree guidance will be positive for market and stock.  Cheers.  John

[Capharnaum]

I'll be happy with EBITDA and cashflow growth. With current EBITDA/Cashflow, with fair value from its parts, the shares should be over $24. If they pull off 20% improvement on EBITDA (which I doubt), then that would shoot the value back over $30. Considering they had to sell assets (which takes out some of the EBITDA), I'd be happy with a better balance sheet and a 5% raise in EBITDA for

[bossu]

D'ont you not see that something ''BIG''is cooking! Some shorter might feel the heat and pay more to cover .Still 6 393 000 shares but 50% have already cover from 5% to 2 %

[jeffpei]

Hope you are right...I expect $20.00 before 2021 has arrived.