AltaGas Ltd T.ALA

Quite disturbing...

[bossu]

Was really sure that ALA would go ''Up''yesterday and a very disapointed !

Most of the ALA share holders are now  in the ''money''  after a long journey .

Many have been cashing ...doing swing trading ...shorting but I see ALA  as  a decent  paying  dividend  and much safer that a couple of years ago.

Strong and stable  utilities revenue   and a growing midstream operation with RIPET and Ferndale and all the fractionation operations.

Randy has done a fantastic job since he have bieen there .

Bottom line it's going to be a long process and the $ 25 target not tomorrow.
You buy it for the dividend and sllow share price appreciation.

[Johnwith30years]

Bossu:  I think your analysis is quite right about it being a safer and better company than a few years ago and Randy has done an excellent job and it looks from guidance that he will continue to do so. I think many investors dont appreciate the balanced strategy of utilities with gas exports and the historical worries over this company are just now really fading.  Yesterday the stock

[bossu]

Johnwith30years ,Excellent post and pleasant to read. There is one thing that we must not forget is the possibility of a market correction and I would not like to  experience the kind of drop we have had just last March ! Market is overpriced and when you see a company like Tesla with a market cap of $ 648 381 377 000 with 960 854 000 issued shares is  frightening ! In march it was

[Johnwith30years]

Dry powder is always important. However if the tech bubble burst I do no texpect to see safe habour stocks like utilities get hit in fac tthere may be a run for cover. The March crash for ALA was I thin a reflection of utter uncertainty about how bad the pandemic would be but with vaccinations increasing  and Asia sales growing I think another black swan event  highly unlikely for the