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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 Apr 05, 2017 11:41am
109 Views
Post# 26079708

RE:Alterra's next move

RE:Alterra's next moveRDK241t,

I was hoping that Alterra would have used the "road show" last year as showcase for M&A activity, but they stated last year (as I recall) they were going to go it alone.  Perhaps they will change their mind or alter the course after 12 months.  M&A is how Alterra was formed.

We might need a stronger board; voting will be shortly.

The growth path seems OK, but not attention getting.  Communication, is not my forte; not sure it is Alterra's either.

With expectations so low (just read the board and attitudes), it might not be hard to beat.  This might = opportunity.

Some people you just can't please either way; for years Iceland had a bad economy with a weak currency = everyone wanted to sell the Iceland assets because it hurt earning.  Now the economy is taking off in Iceland and the currency is strenthening = now some people want to sell the Iceland assets because this might hurt earnings.  If you can't win either way; then you might want to consider selling your shares; I am buying more...

Being Bold when others are fearful...

Bold Forbes
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