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Bullboard - Stock Discussion Forum AltaGas Ltd T.ALA

Alternate Symbol(s):  ATGFF | T.ALA.PR.A | ATGPF | T.ALA.PR.B | T.ALA.PR.G | ATGAF

AltaGas Ltd. is a Canada-based energy infrastructure company that connects natural gas and natural gas liquids (NGLs) to domestic and global markets. The Company’s segments include Utilities and Midstream. Its Utilities segment owns and operates franchised, rate-regulated natural gas distribution and storage utilities, which includes four utilities that operate across five United States... see more

TSX:ALA - Post Discussion

AltaGas Ltd > Serious Post for Investors
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Post by Johnwith30years on Oct 27, 2021 3:57pm

Serious Post for Investors

Hi all:

 In the current climate with interest rates on the rise, being the weakest quarter, and with Short sellers on the Prowl it is possible that even a stellar report tomorrow will not necessarily move the needle upwards immediately. The bigger moves up may come in a few weeks or even months as th emarket settles and we move with ALA into one of its two strongest quarters and await their guidanc edocument that comes out about December 10th.

If it is a very strong report then the gain may be reflected immediately  - but unless you are a trader I expect that the following months will be higher than th eclose tomorrow.

So read the report and listen or watch for the conference call discussion  - then wait to see what analysts do with the earnings in their reports.  Its a tricky market just now but the fundamentals of ALA will work out.  So I advise against a quick sell unless their is some material change in the positive progress reports that we have had over the last few quarters.  

If you are in for a quick trade then you will know your price targets up or down.

Investors though in my opinion now hold a great longer term stock.    GL to us all.
Comment by bossu on Oct 27, 2021 6:51pm
Should they ''stick''to the revised guidance and a break even or'' a plus'' on a  the  net income per share for the Q3  would be welcome be the investment community. My big worry : The big increased in the nat gas they have to purchase and  the selling price in Japan ! Could be a big hit but we will be informed tomorrow ! Remember that the ...more