Alterra Power MGMXD

RE:RE:Patience Always Takes Longer Than You Want

[materialsgirl]

4PCneanderthal;

Your train of thought is quite reasonable and rational.  My perspective is that 95% of what you are saying is contingent on "after the" EPS" shows positive.

I agree with your conclusion.  We just need to be alert that the company has faltered continuously over 25 Quarters. The raw historical numbers have been consistently bad.  And management is still the same.  They have never apologized nor have they even acknowledged how dreadful their performance has been.  That may mean that they think that their investors are stupid or they do not care so long as there is enough cash to keep paying themselves big compensation.  Mr Beaty and the Board have never shown or said that there is a limit as to how much bad performance they will tolerate.  Until 2020? Until 2025? Until 2030?

Yes, I agree that patience can be a virtue.  The flip side is "for how long".  Nobody buys shares in any company because they love the company.  At least they are irrational if they do.

It is often joked that men only want one thing.  Well, investors only want 2 things.  Dividends and capital appreciation.  There is no third or fourth priority.  Just two.  If one sits around for a decade with no dividends and no capital appreciation we must accept that we too are losers.

Patience is needed for many investments. But now patience for AXY management may only encourage them to keep doing what they have been doing. What they have been doing is not good

My thinking is that the time for patience has run out for AXY management. 7 years is a long time for a company to ramp up and get going. As the Donald might end his tweat about AXY ... LOSERS!

mat