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Algonquin Power & Utilities Corp T.AQN

Alternate Symbol(s):  T.AQN.PR.A | T.AQN.PR.D | AGQPF | AQN

Algonquin Power & Utilities Corp. is a Canada-based diversified international generation, transmission, and distribution company. The Company through its two business groups, the Regulated Services Group, and the Renewable Energy Group, provides sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada. The Company is engaged in renewable energy through its portfolio of long-term contracted wind, solar, and hydroelectric generating facilities. The Company owns, operates, and/or has net interests in over four gigawatts (GW) of installed renewable energy capacity. The Company is focused on its expanding global pipeline of renewable energy and electric transmission development projects, organic growth within its rate-regulated generation, distribution and transmission businesses, and the pursuit of accretive acquisitions.


TSX:AQN - Post by User

Comment by Red_Deeron Jan 20, 2023 3:18pm
329 Views
Post# 35236303

RE:my thoughts (and actions)

RE:my thoughts (and actions)Hey SARGE__I TOO  have been doing a lot of buying since just before the Last RECORD Date

Now up to 17108 shares

And I can Still DRIP ALL the Dividends I JUST got Last Week in my ScotiaItrade accounts.

SargeX wrote: As I've been saying, the CEO and Board made quite a mess of this. KPC was a really bad idea from the start. 

Since I didn't listen to myself back in Oct, 2021 and trim the half I said I should, I am now evaluating this as of the current AQN status. I've decided that the assets are just too good and even with bad management, this is a decent time for a long term buy.

As mentioned, my wife & I had 14,430 shares at the time of the Nov announcement. We added 3205 shares at $9.39 the first week of Jan, then re-considered and sold the 3205 shares at $9.91 on Jan 11.

We then bought back 1580 of those at $9.55 the next day. Since then, I've been adding in bits and pieces so including the 1580 shares, we have now added a grand total of 4255 shares at an average of price of $9.42. The dough for the buys has come from trimming our NWH.UN position as I've soured on REITs.

I still think this will be significantly higher by the end of 2023 but I would consider turning the 4255 shares into a trade if this pops over $10 in the near future.

As always, investing sure is personal so always interesting to see what people are doing.

Ciao
  Sarge


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