Algonquin Power & Utilities Corp T.AQN.PR.A

Primary Symbol: T.AQN Alternate Symbol(s): AQN | T.AQN.PR.D | AGQPF

Utilities Utilities - Diversified

Algonquin Power & Utilities Corp. is a Canada-based diversified international generation, transmission, and distribution company. The Company through its two business groups, the Regulated Services Group, and the Renewable Energy Group, provides sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada. The Company is engaged in renewable energy through its portfolio of long-term contracted wind, solar, and hydroelectric generating facilities. The Company owns, operates, and/or has net interests in over four gigawatts (GW) of installed renewable energy capacity. The Company is focused on its expanding global pipeline of renewable energy and electric transmission development projects, organic growth within its rate-regulated generation, distribution and transmission businesses, and the pursuit of accretive acquisitions.

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Algonquin Power & Utilities Corp > Early Increase In Stock Price Above the $8.70 Low

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Comment by SargeXon Feb 02, 2023 6:06pm

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Post# 35263550

RE:RE:RE:Early Increase In Stock Price Above the $8.70 Low

Too funny on the Bandit-osa. Another classic CEO nickname along with Cornhole, etc.

I totally agree on wanting to see Banskota gone. He's made an incredible mess of things.

Ciao
Sarge

DeanEdmonton wrote: Good point on the ossible Atlantica sale, that is one other facet. There are definitely a lot of balls in the air. However, since I am still completely out, no matter what turns up, if they don't get rid of Banditosa I am not getting back into this stock. I do however, as always, wish all those holding it great success.
SargeX wrote: Hey Dean

I think that is 1 of 2 possibilities. The other is the possibility of a quick asset sale, especially Atlantica. Many investors have a hate-on (me included) for renewables so the sale would look like a positive.

Since doing the quick sell of the extra 3205 shares at $9.91 on Jan 11th, my wife & I have re-added 5280 shares at $9.48. I had posted that I would consider converting those 5280 shares iinto a trade if AQN jumped fairly quickly to $10. I gave it some serious thought this morning at $10.04 and decided the move has been slow and steady enough that it's worth hanging on for now. It's hard to resist the quick $3k profit but I suspect there's still some "quick" upside. I'll reconsider at $10.30 if it gets there. If it's the Atalntica sale that pushes it up, then I'll definitely hang on and I think the sale makes AQN a better company.

I agree with you that investors are expecting the KPC deal to fall apart and also agree that if it doesn't. then AQN is likely to go back down below $9.50.

Tricky stuff.

Take her easy
Sarge

DeanEdmonton wrote: Tells me the street is betting that the Kentucky Belch deal is NOT going to move ahead and will be cancelled once the deadlines pass. It is the only reasonable hypothesis I can come up with for the stock price moving ack up this soon. If the street is wrong and Kentucky goes ahead, I am betting we see another quick drop in the share price.