Recommanded all over ...Exportation from Price Rupert Port with an outstanding tonnage and up 17 % Y/Y for 1 744 250 tons or about 41 loads in 2022
ALA has increase the original capcity of 1 200 000 tons for at 45 % increase and own 100 % of the operation.
Great achivement and about 70 % or so from Ferndale where they own the whole operation including the wharf to load tthe propane and butane
Demand from the Asian market is strong .
They have had some head wind with transportation costs from the CN and VGCL ships in 2022 but the acquisition of 2 ships will reduce the cost by 25 % and facilitate the sheduling a the end of this year.
Utilities segment is operating in a regulated environnement with a 10 % increase Y/Y and capital
investment made for the last 3 years is soon to be completed .
Share price is heading in the good direction and i like what I see and so are most of the analysts following ALA path.