Alterra Power MGMXD

Ironically, horrible management now prevents a bloodbath

[materialsgirl]

We can anticipate dreadful results for Q1.  Why so?  Because 24 out of the last 25 quarterly results were subpar or horrible and the past does provide a good clue about the future.

Yet, I predict that there will be no bloodbath re the share prices.  Why so?  Because the current share price already includes an expectation of bad performance forever. Funds have avoided the company like the plague.  No wonder.

My prediction is that results will be bad but the share price will say ho-hum. 

Sadly, booting out the Board seems unlikely.  I am hopeful of a wake-up call but I am not certain.

mat

[BoldForbes]

Mat, I believe bad news has all been priced in, this could mean that if they met expectation the stock could rise. The large write-offs in Iceland in 4Q2016 could lead to better financial ratios going forward.  Icelands economy seems solid.  Guessing on 1Q2017 results seems difficult as I do not track wind conditions in Texas or snow amount or melts in Western Canada, or sunshine in

[materialsgirl]

Bold Forbes; Your thinking is quite reasonable.  One day, this company should come alive.  I hope so. The discouraging thing is that Ross Beaty has tolerated subpar performance for such a very long time; 25 or more Quarters.  He seems to be treating the company as if it were a hobby farm and one that provides tax write-offs against other investments.  Usually, people in

[BoldForbes]

Mat, It would be great to see management or board members (ex-Mr. Beaty) purchase shares at this price.  That could also indicate some positive indications and information...insider confidence! Wishful thinking, but if they would have insider purchase forms filed the day before or of the annual shareholder meeting, which is probably the day of or before earnings release... I agree with