RE:How confidence will be builtYou are correct in all of the above. The shorts on this board are interesting in their continued insistence that this stock is going to go down in price as confidence is lost. They need to investigate the phenomenon of recency bias, which apparently one of the most powerful of investor biases.
The bottom is in and everyone except a few of the dopes on this board realize it.
The interesting thing to me is that Altagas actually has an easy job of it from here on out. All they need to do is sell assets. Well, anyone who closely follows the utility space can tell you that there is enormous liquidity in this area. Operations worth billions are routinely bought and sold and take little time to transact. It is actually astonishing when you look at deal volume. And they don't even need to sell very much - just 2 billion dollars' worth. That is basically a drop in the bucket for a US utilities sector that is approaching one trillion in market cap.
And plus or minus ten percent in terms of value of the sales hardly matters - the metrics such as ffo/debt will be very similar at the end of it all.