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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 SargeXon Jun 13, 2024 11:51am
133 Views
Post# 36087220

RE:RE:RE:RE:RE:Closed on another garbage day

RE:RE:RE:RE:RE:Closed on another garbage dayHey Dean

How she go?

Lots of action in the markets these days (as usual)

I know you wil eventually do well with your latest AQN buys. There will definitely be a bounce when they sell the renewables. Not sure about $10 but I woukld think to at least $9.50.

I had always thought that good assets would trump bad management but that sure hasn't been the case with AQN. I was shocked to see they went with one of their existing twits as the new CEO. These guys never learn. What a terrible Board.

I must admit that I am very pleased to have sold all of our AQN with prices up to $10.90 and an average of $9.40. We managed to eke out a $43.6k profit but that's a far cry from what it would have been if we had sold back in Oct/2021 when the KPC deal was announced. I thought long and hard at that point but badly misjudged how things would play out. Live & learn.

Take her easy
  Sarge

DeanEdmonton wrote: To be honest, if it gets to $10, or whatever price it hits when the renewables are sold, I will flogg them all and wait to see what happens. If they sell their renewables, the dividend payout will be 100%, and that is too high for my tastes.



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