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TransAlta Corp T.TA

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

TransAlta Corporation owns, operates and develops a diverse fleet of electrical power generation assets in Canada, the United States and Australia. It provides municipalities, medium and large industries, businesses and utility customers with affordable, energy-efficient and reliable power. It also produces wind power and hydro-electric power. Its segments include Hydro, Wind & Solar, Gas, Energy Transition, Energy Marketing, and Corporate. It has a diversified fleet of hydro, wind, solar, natural gas, and cogeneration generate 7,300 megawatt 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, Fortescue River Gas Pipeline, and others. The Antrim Wind Project is situated on over 1,700 acres of land located in Hillsborough County, New Hampshire.


TSX:TA - Post by User

Bullboard Posts
Comment by Canonballon Nov 02, 2009 10:02pm
695 Views
Post# 16446265

RE: 5.7 % yield

RE: 5.7 % yieldshambano...that's why I am sticking around... I made $3565.55 profit off the Call Option... I just bought back and closed ... it was the March 23... come December 1... I make $6670.00 Dividend and when TA recovers back into the 22-23 range once more I will either sell it... or sell more Call options.

Lets face it... TA doesn't move up or down very far or very fast but it can earn a person a steady return ...it's a utility...  they provide electricity and collect a profit...everyone still uses power even in a weak market and Christmas time they us even more power!

The Market is going through the usual late October early November lull ... but the Markets general pick up steam going into late December especially the power companies... take a look at past years you'll see a definite trend.

Lots of money still sitting side lines. 

Cheers   
Bullboard Posts