RE:RE:RE:RE:RE:RE:RE:Vote against the managementcanadian wrote: Fair value is around 70$ and management does not do anything to bring up the share price.
Fair value will be achieved when Capital Power is rerated as an ESG company. Management has been moving more swiftly to transition from coal and cleaner solutions than some others in Alberta. The transition started five years ago and the stock has doubled since the bottom then. It's easy to blame management but if you are looking for a faster riser, you might have to look elsewhere. No one is going to pay full price or a premium for dirty energy at this point. Money should be focused on the transition and growth, in a financially sound way. They put in over a billion extra over their capex plans last year, they can keep making the better decisions for long term shareholders rather than catering to short term financial engineering which may not work as intended.