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Bullboard - Stock Discussion Forum Alterra Power MGMXD

Alterra Power Corp is a renewable energy company. It is primarily focused on development, construction, and operation of renewable power projects. The company's business has four major segments - Construction and Development, Geothermal, Hydro, Wind, and Solar.

OTCPK:MGMXD - Post Discussion

Alterra Power > Poor marketing is reason for the dreadful price performance?
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Post by materialsgirl on Apr 07, 2017 10:01am

Poor marketing is reason for the dreadful price performance?

When the share price of a small company flounders for several years the underlying cause is sometimes that the CEO and management fail to properly explain their story and fail to spread the word.

Many bloggers here have complained about the lack of publicity and lack of promotion of the shares.
I disagree wholeheartedly.

In fact, AXY is very good at telling great stories. It always makes ones' mouth water (each Quarter) when you read about the amazing plans for the future.  They tell an excellent made-up story.  In the Donalds words, their press releases are simply fake news.  What they say does happen in terms of opening new facilities but their teasing about future robust financial performance has been 100% fake for years and years.

My point is that spreading their fake news more widely would not accomplish much. The reality of past performance would simply make wise investors and funds laugh and laugh and laugh.

The company needs just one thing; good execution,  That is it.

If there was an award for Fool of the Year  I would nominate Ross Beaty
Comment by BoldForbes on Apr 10, 2017 5:26pm
Mat, I disagree here, but that is ok. On the board restructure, I was thinking more of Mr. Beaty is the strongest member to the board and needs more support. For example, bring in need board members who can assist with growth or m&a or sometime of value add. I am not sure what the other board members have done to support the company. Can anyone post anything to directly show what any other ...more  
Comment by materialsgirl on Apr 11, 2017 9:53am
BoldForbes; Your thinking is quite reasonable/\. My point is that the buck stops with Ross Beaty and he is fumbling it.  The reason I give him a low rating is purely because he has accepted mediocrity from so many for so long. Profitability is the sole key metric for measuring performance over time. I agree that cash flow can be as important if the depreciation provision is conservative and ...more  
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