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AltaGas Ltd T.ALA

Alternate Symbol(s):  ATGFF | T.ALA.PR.A | ATGPF | T.ALA.PR.B | T.ALA.PR.G | ATGAF

AltaGas Ltd. is a Canada-based infrastructure company that connects natural gas and natural gas liquids (NGLs) to domestic and global markets. Its segments include Utilities and Midstream. Utilities owns and operates franchised, cost-of-service, rate-regulated natural gas distribution and storage utilities, which includes two utilities that operate across four United States jurisdictions. The Utilities business also includes other storage facilities and contracts for interstate natural gas transportation and storage services, as well as WGL Energy Services, Inc., which sells natural gas and electricity. Midstream is a North American platform that connects customers and markets from wellhead to tidewater. The three pillars of the Midstream business include global exports, which includes its two operational Liquified Petroleum Gas (LPG) export terminals and one prospective development terminal; natural gas gathering, processing and extraction, and fractionation and liquids handling.


TSX:ALA - Post by User

Bullboard Posts
Comment by mmodanoon Feb 07, 2017 7:02am
250 Views
Post# 25808566

RE:RE:buying more

RE:RE:buying moreThat makes two self declared retards now. I have 7450 shares as of yesterday at an average price of 30.02$ all combined. With the dividend and without making any profit, here's how my agerage cost will look like in 2017:

F: 29.85$
M: 29.67$
A: 29.50$
M: 29.32$
J: 29.15$
J: 28.97$
A: 28.80$
S: 28.62$
O: 28.45$
N: 28.27$
D: 28.09$.

Yes, investors could run away from ALA and we could see the share price at 26$ at one point. Yes, the WGL deal could fail and ALA could drop temporarily at 26$. Yes, the interest rate could reach 5% and the share price could fall at around 26$.

Chances are, ALA will finish the year realistically at around 32$ and the dividend will be increased early 2018 if the deal fails, or late 2019 if WGL is acquired.

Yours truly,

Retardo
Bullboard Posts