Don't Just Sell This POSSell all renewable energy P'sOS !
You know when I look around the renewable energy room what I see are a bunch of pale face, sickly looking, P'sOS !
I see Polaris PIF setting a new 52wk low today.
I see Brookfield BEP within pennies of setting a new 52wk low. Makes me wonder how they can promise to increase the dividend yearly when they seem to never make money. I guess having the deep pockets of Brookfield behind them is their saving grace.
I see Northland NPI trading within a few dollars of a new 52week low. At least they didn't go down the path of paying a fat dividend in order to attract investors. Might be their only saving grace.
I see Transalta RNW again within a few dollars of setting a new 52wk low.
I see Capital Power CPX trading at a 45 P/E with a sickly 10 year avg ROE of 3.5. Makes me wonder how they can trade at such a ridiiculous multiple when they have such a pathetic ROE.
One mans opinion of course take it all with a grain of salt and make your own decisions. As far as myself ...in my books.....renewable energy=POS.