NPI VERY UNDERVALUED NPI very undervalued.........As I already posted last week.
This morning : "market talk news service"
The selling in Northland Power's shares is an overreaction and the current discounted valuation, roughly nine times Ebitda, marks an attractive entry point for investors, BMO Capital Markets' Ben Pham says. He notes the shares have been caught in a downdraft due to capital cost inflation and lingering funding concerns, as well as worries about rising rates. Pham says valuing Northland's assets separately from its secured growth pipeline suggests investors currently are getting future growth almost free. BMO's outperform call and C$38 target is maintained; shares now up 2.6% at C$23.96. (robb.stewart@wsj.com; @RobbMStewart)