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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 Nov 22, 2015 5:35pm
326 Views
Post# 24314211

This is excellent news for TA

This is excellent news for TAThe market has clearly factored in the worst case scenario.  Little to no value was attributed to the coal operations, as if the Alberta decision would shut down coal immediately.  Of course, we all know that was impossible unless the province wanted to turn the lights off immediately.  Reality has set in.  TA has been preparing for this day for some time and now the uncertainty has been lifted.  TA now has a clear roadmap with which to operate and modify its business over the next many years.  There should be a huge sense of relief.  As well, the certainty of the playing field rules may accelerate the takeover aspirations of third parties.  TransAlta is too cheap and most analysts have a target about $10.00 and even as high as $13.00.  Furthermore, another drop down to RNW is expected prior to year end.  Be patient with this one, rewards lie ahead, finally.  I would advise to position oneself ahead of the analysts' reports.  TA should appreciate significantly in the short term, then gradually grind higher over the longer term with a decent dividend yield along the way, even if it was somewhat reduced, which may not happen.  The pessimism on this stock was way overdone even without the NDP decision.  So now, it is even more ridiculously valued!
Bullboard Posts