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AltaGas Ltd T.ALA

Alternate Symbol(s):  ATGFF | T.ALA.PR.A | ATGPF | T.ALA.PR.B | T.ALA.PR.G | ATGAF

AltaGas Ltd. is a Canada-based energy infrastructure company that connects natural gas and natural gas liquids (NGLs) to domestic and global markets. The Company’s segments include Utilities and Midstream. Its Utilities segment owns and operates franchised, rate-regulated natural gas distribution and storage utilities, which includes four utilities that operate across five United States jurisdictions. It Utilities segment also includes storage facilities and contracts for interstate natural gas transportation and storage services, as well as the affiliated retail energy marketing business. Its Midstream segment includes global exports, which includes its two LPG export terminals; natural gas gathering and extraction, and fractionation and liquids handling. Its Midstream segment also consists of natural gas and NGL marketing business, domestic logistics, trucking and rail terminals, and liquid storage capability. Its subsidiaries include Wrangler 1 LLC, WGL Holdings, Inc. and others.


TSX:ALA - Post by User

Bullboard Posts
Comment by CorruptedLushDron Apr 12, 2019 12:31pm
187 Views
Post# 29619267

RE:RE:RE:RE:RE:RE:BNN On Thursday

RE:RE:RE:RE:RE:RE:BNN On ThursdayLook, BS, in the past year I've had more than a thousand moments where'd I'd like to have been given the chance to break every knee cap in this company's executive branch, but just as $11.87/share was ridiculous so was $53/share (which you quote regularly).  I'm going to bet you weren't buying at that lofty price because you recognized the disconnect. 

Anyone with half a brain clearly recognizes the F up this company perpetrated, but I also think this is where control of ones emotions with regards to investing is most important, this is still operationally an excellent company with excellent assets.  I certainly wouldnt put this in the same category of lying liars such as Bombardier or SNC and yet people still see opportunity in those companies (I'd never touch them with a ten foot pole).

While the immediate past has been bleak, I think that even despite your not-entirely-offbase hostility for this company that you see the potential here too.  I personally do not think that $35/share is all that crazy sometime within the next 24 months. After that, who knows?

Again, I say this as someone who still holds a raging inferno of anger towards this company.
Bullboard Posts