RE: TransAlta posts $54.3M lossOn what do you base your $5.00 projection? They made provisions and wrote off some things early which produces a 4th qtr loss. This should make it easier to improve the bottom line in the upcoming year. For the current year they still made $1.12. It pays an annual dividend of $1.00 and has publicly stated that the dividend is safe. Of course that can change but I'd be willing to bet it would be the last thing they would do for fear of the market reacting like it did to TRP cutting it's dividend a couple of years ago.
So, please explain how you come up with $5.00 in a year. Just curious.