RE:RE:RE:How much ALA idiots overpaid for WGL?But was not that what these idiots expected?
I mean, you can cowardly backpedal and blame all kind of changes, but the one change that stayed constant to the penny was the amount the had to pay for this disaster WGL acquisition.
It did not change at all since the day when this idiot Watson put together his scammy pitch book promising "8-10% annual dividend increases" and more "safety" whatever line in finacials you want to look at.
They new how much debt they will need right from the get go of these scammy pitch books!
BSdetector2016 wrote: Translation: Management buried the company in debt.
Johnnycake59 wrote: Share price only went down because of SELLERS, not ALA's fault retail panicked and shorters and bankers feasted and destroyed their access to capital. It had to go through too long a regulatory process and this is the result. ALA is worth a lot more than it is today and that will happen in 2 years or so. The one asset they sold NW Hydro is worth 70% of ALA's market cap yesterday. This company paying 8 cents a month will be going gangbusters in 2 years. Mark my words.