Algonquin Power & Utilities Corp T.AQN

Divi Cut

[svsingh83]

Many companies have cut divis in past e.g SU, ALA, CPG, WCP, VET and many more. All of them have done well after divis were cut. ALA was trading at $8. It had to drop down BC Hydro in addition to divi cut. AQN has much better assets. Best of luck and enjoy your weekend.

[BSdetector2016]

Yeah, ALA is doing just dandy; it peaked at over $52 and is trading at $22 and change now. All the divvie cut did for ALA is yank it out of the toilet bowl and set it on the rim.

[bossu]

As usual :Stupid comments'' and   poor bullboard menbers. Just thinking of ALA storey where you miss read the  ALA  ''uphill'' rise  to $ 31 and allways have negative comments. I play the game to $ 30 or so and sold but still having a ''closer'' look at  the storey ! AQN could be the next storey for  '' cleaver'

[BSdetector2016]

Look at the charts, and what happened and you'll see, maybe...

[svsingh83]

I am at peace  with my "environment ". That is why I do not make derogatory  comments about other's comments.

[pennydredful]

Ditto    CPG       -----  was    over    50     now     sub    10   .

[SargeX]

Hey BS As you know, I totally agree with you on ALA. As I've often mentioned, it's the most disappointing stock we've ever owned. I've seen some bad/lying/cheating management/boards but nothing can come close to ALA, They took a fanatstic Canadian company with fantastic assets and made more than one really stupid take-over, the two biggies being the cr*p in California and WGL

[bossu]

Well SargeX Just looking at ALA the  5 year chart you had a chosen to sell Ala in the fall of  2020 where  the share price was  probably at $ 18  and went up at 31,00 for a   $ 13 gain in less then 15 months later ! Of  course i did average down  all along the down fall and in particular at the  Pandemic announcement  ( $ 11,50) and sold at near

[SargeX]

Hey Bossu Yup on our sell price and yes also on the run-up to $31 BUT it is now down to $22.39 which would only be a 24.4% gain. The $31 would have been meanlingless as we don't trade with our main portfolio dough so we never would have sold it at that point if it was a long term hold. As previously mentioned, we put all the dough from ALA into CPX at $29.07 and it's now at $43.56 for a

[Karl63]

Hey Sarge, I take it you're not an ALA fan.  However, if you were buying today and overall return was more important than just dividend, would you buy CPX at $43.50 or ALA at $22.50?  That's what I've been pondering the last week or so . . .

[pennydredful]

You  are   on the  wrong  board . AQN  not CPX  or ALA.

[SargeX]

Hey Karl Yup, I don't like ALA even at these prices. CPX has had a great run these last couple years so could be risky from a total return point of view. On the utilities side, if I was after total return, I'd buy EMA instead. (in fact, I added a bit to the grandkids portfolio on Nov 7th at $49.33) Not sure if you just want to stick to Utils but if not, my top 5 picks overall are PPL

[Karl63]

Hey Sarge, great score on EMA at $49.33!  I bought some on Friday at $50.87 and I'm content with that.  I think I'll shelve the thoughts on ALA, watch CPX and otherwise continue moving towards big blue chip.  Back to AQN and watching what will happen tomorrow . . .