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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

Post by BoldForbeson Jan 05, 2017 3:26pm
211 Views
Post# 25671964

2017 Predictions

2017 PredictionsAnother year behind us and another 360 days left for this one!

2016 was a year which brought much needed refreshment to Alterra:  new projects, what appears to be a new business strategy was implemented, new capital plan (share consolidation, capital raise, refinance), and new expectations.

The new expections from 2016 have been tempered in my mind now.  I am comfortable with my position and the company, but do not find any urgency to add to my position.  This could be due to years of building a position and limiting % of net worth, increase in share price, etc.

Entering 2017 we find Alterra in a stronger financial position with what appears to be a more solid pipeline of projects.  With that said, from the ~June announcments my Mr. Carson and the 3rd quarter call statement by Mr. Beaty were is all of the additional PR, news and new pipeline opportunities?

I am a grounded optimist with Alterra.  I do see a brighter future; but I also see and understand the frustrations of some which have been posted on this board.
  • Prediction #1 for 2017:  Partner and pipeline announcements increase at an unexpected rate (not sure what this means, 1 a month or 1 a quarter, but I am open to surprises)
  • Prediction #2 for 2017:  Dividend announcement for an increase.  This may not be effective until 2018, but it will be teased mid-year or so.  With the refinance and arbitration behind us as well as the positive cash flow on several power plants the financial will somehow support a higher dividend (or perhaps the company will raise more capital for it - ha I beat Mat to it!  :)  )
  • Predicition #3 for 2017:  Frustration from shareholders will force additional board position and\or board turnover
  • Prediction #4 for 2017:  Alterra forms a non-profit foundation to assist in its leadership in the clean energy arena
  • Prediction #5 for 2017:  Alterra continues to win awards for projects, they use these awards and recognitions to position themselves as industry leaders which in-turn leads to better projects (see Prediction #1).  This may also lead to employee compensation issues (good ones want more or leave and\or having to hire great professionals to take Alterra to the next level)
  • Prediction #6 for 2017:  Alterra creates a new position for a future leader of the company and\or has a management shakeup at a (at least) division level

Stock price:  2017 range from today $5.15 CAD to a low of $4.20 CAD to a high of $8.50 CAD.  We end the year 12/31/2017 at ~$7.20 CAD or lower.  I hope I am wrong here as I would prefer a much higher year-end stock price, but it would be a ~20% return for the new shareholders from the offering + dividend.

With Alterra I also like to describe myself as "curiously optimistic" and I do plan on adding to my position on any significant weakness.

Best wishes to you and your family during 2017,

Bold Forbes




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