Post by
svsingh83 on Jan 09, 2023 7:46pm
ALA vs AQN
ALA has doubled since Divi cut.
AQN is much better business and ALA was in deeper trouble with their 8 Billion takeover deal.
Most probably, AQN will recycle assets and Divi may or may not be touched. Walking away from Kentucky deal could be another option.
Dividend cut could be moderate. Anyways 50% cut is already baked in.
Comment by
svsingh83 on Jan 09, 2023 7:51pm
PS Divi cut by ALA was 56%. FYI https://www.bnnbloomberg.ca/altagas-shares-soar-after-it-cuts-dividend-announces-asset-sales-1.1182883
Comment by
bossu on Jan 09, 2023 8:23pm
Difficult to give an answer to your comment ! Right now AQN is and ''Ultra high''speculative stock to buy at the moment, No way to compare with Altagas where I'm loading back ! If you want a possible quick profit, you press on the ''buy'' buttom but if your are looking for a solid bet you make your own decision . Make your bet !