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Alterra Power MGMXD

Alterra Power Corp is a renewable energy company. It is primarily focused on development, construction, and operation of renewable power projects. The company's business has four major segments - Construction and Development, Geothermal, Hydro, Wind, and Solar.


OTCPK:MGMXD - Post by User

Comment by BoldForbeson Aug 01, 2016 9:08pm
157 Views
Post# 25101103

RE:3cents a share

RE:3cents a shareNewstock,

Good question!  Management predicted \  set expectations earlier this year with:
         
 

2016

 

2017

 

Generation (GWh)

1,610

 

1,706

 

Total revenue

92,062

 

100,496

 

Adjusted EBITDA

40,721

 

48,328

 
         
1Q2016 Estimates were to earn $0.01, they missed with -0.01 (so a $0.02 miss).

2Q2016 Estimates appear to be $0.01, but they need to make up for 1Q2016 if they are going to make their own guidance.

The run in the stock might be an indicator that they may match or beat.  I would rather have low expectations for the moment.   This would mean any good surprise could have positive upward movement.

Bold Forbes

2016

 

2017

 

Generation (GWh)

1,610

 

1,706

 

Total revenue

92,062

 

100,496

 

Adjusted EBITDA

40,721

 

48,328

     
Read more at https://www.stockhouse.com/companies/bullboard/t.axy/alterra-power-corp#GH3FCsJUKIADPgGD.99
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