RE:RE:My EPS estimates are done on the conservative side@marketsense: You are very correct about loads of holders just waiting for the right catalyst to get out of this mess. I am expecting that peak seasonality will be the moment this year, and that is coming soon. If it doesn't perform then it will be another year of waiting, and mind-numbing range-bound performance. I can say one thing: if it gets to your target (or near it) I and many others will be gone. Maybe Randy can spice-up the expected moribund earnings report with a real dividend increase (the old trick to keep people onboard and the shorters at bay), and cause a buy-fest that lifts the share price.
In other good news expect costs to increase on the gassy end of things because the war on GHGs will soon focus on fugitive emissions of which AltaGas has its share. The Prime Idiot and Biden will tag-team on that one.
marketsense wrote: Taking John's lowest eps estimate of $1.68 from his overall range of $1.68-$1.80, times
a factor of 15 we have
$1.68 X 15= $25.20
That is similar to analysts consensus for the full year. I would call that quite satisfactory
for this year. Now if they could increase the dividend on top of that, its would be quite a win
win for shareholders. and a nice price level to work its way higher from there. I still expect
the trend upwards to be very choppy and there will be lots of ups and down days along the
way. Lets face it, there are still lot of holders waiting to get their money back so for a
trader, there will be lots of opportunity and for holders who are in it for the dividend increases
and capital appreciation, a very decent stock to hold IMO.