Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

TransAlta Corp T.TA

Alternate Symbol(s):  T.TA.PR.F | TACPF | TSLTF | T.TA.PR.G | T.TA.PR.H | T.TA.PR.J | TAC | T.TA.PR.D | T.TA.PR.E

TransAlta Corporation owns, operates, and develops a diverse fleet of electrical power generation assets, utilizing a range of input resources that includes water, wind, solar, natural gas and thermal coal in Canada, the United States and Australia. The Company provides clean power for municipalities, medium and large industries, and utility customers. Its segments include Hydro, Wind & Solar, Gas, Energy Transition, Energy Marketing, and Corporate. The Company has a diversified portfolio of energy assets and its diverse fleet of hydro, wind, solar, natural gas and cogeneration generate about 6.7 gigawatts (GW) of electricity. It delivers renewable energy solutions for large scale commercial partners, including tech companies. It operates a fleet of electrical power generation assets, including Antrim Wind Project, Ardenville Wind Facility, Old Town Wind Project, Pinnacle Project, SunHills Solar Project, Cascade hydro power plant, and Fortescue River Gas Pipeline, among others.


TSX:TA - Post by User

Bullboard Posts
Post by a1broker1on Sep 18, 2012 12:35am
545 Views
Post# 20378311

Fortescue deal looking solid

Fortescue deal looking solid

This newsof Fortescue demonstrates the solidarity of the recent TA acquisition, even though we all wish the share capital had been raised at a higher price than $14.30.  BTW, with the current share price the overallotment (green shoe) for the recent issue is definitely going to be exercised further ensuring the investment grade rating of TA's debt.  Ever few years, there is a scare that the dividend is not secure.  Somehow, the company's cash flow always manages to ensure the payout and those who stick with it continue to pocket dividend yields well above market comparables.  Contrarians will win out here for a solid income, with appreciation to the $20.00 level as the security of the dividend is again believed by investors.

Bullboard Posts