RE:RE:RE:RE:RE:Back inHey Div
Thanks for the nice comments.
Congrats on your timing on your recent NPI add. Quite the bounce today. Looks like some short covering scrambing going on as well.
I think renewables will be fine in 5 or so years but the next while is going to be very choppy. As mentioned, I do think they currently have some major issues to work out but people seem to be ignoring that.
I do indeed like AQN as I really like thier mix of assets. I'm a little concerned that they are going to do something stupid with Kentucky Power (like buying it and over-paying for it). Hopefully, they will just leave it alone.
I also like CPX for their mix and how well they've done getting rid of most of their coal stuff. We also hold EMA (since Jan, 2010) and FTS (since Aug, 2018) and love thier steady eddy and great dividend growth.
Also, as I've mentioned a few times since the end of last year, I think midstream is a great buying opportuniy. So far so good this year but I still think there is room to run.
Take her easy
Sarge
mydividends wrote: Hi Sarge,
Appreciate your response, and input. I follow you on other boards and know your, should I call it "disdain" for renewables due to the factors you mentioned.
Rising input costs, inflation, fears of rising interest rates seem to be hurting NPI as well. Their last quarter had a ton issues too (lower winds, bearing issues, etc.)
All being said, I still like the long term outlook for this company. This week I took the opportunity to add more NPI to my portfolio and average down (still underwater), as well as start a position in AQN (which I know you like :) ). Hopefully my bets pay off. I plan to reduce NPI exposure above $43 a share, whenever that happens.
I also appreciated your input on Parkland Fuel, which I'm watching from the sides as well. Anyways GLTA, appreciate everyones input!
Cheers,
Div