RE:RBC Comments from yesterdayThese RBC & TD recaps are great. I don't think it gets much more clearly than this.
ALA is just not meeting expecations.
- Asset Sale of 2B in 2018 and
- Expecting a 4% DIV increase in 2018 and 4 - 6% in future years
- AFFO guidance
Management needs to come through on these otherwise we are dead.
I still have some faith and I'm long but things are starting to change.. (which I never like as an investor)
- Div % growth went from 8 to 10% now we are not sure
- CEO change - without being transparent on why
- Asset sale - not much of an update. Harris had said it would happen soon. Yet, we did not get the same message
- The maintained EBITDA forecast.
This is why we are down 10%. Going to be choppy for awhile until we get some news.
Still have the faith.. got to meet or beat the expecations being given for the stock to increase!