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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 > Cash factor...
View:
Post by bossu on Apr 22, 2022 10:52am

Cash factor...

Just an example of being cash at the moment !

You can buy In the ''banking''sector at a 10% discount from early February
Example 
ZEB was at $ $ 43 and this morning at $ 38,87 for more a 10 % discount.
Many are invested in the sector with a loss position and the  average price at the  November level.
So  ,not loosing anything 'but no stress and waiting to see ZEB at the $ 36 level...
Analysts are already wispering a 0,75 increase in June and more a couple of months later.
Infation has to be stopped and who knows a possible recession in sight in a year from now !
Comment by bossu on Apr 29, 2022 8:54pm
Just a few  days ago ZEB at  $ 43 and now % 37,24 an a 13 5 % drop and the slide is just beginning ! Just watch monday morning opening on the overall market ! As far as ALA  is  going forward : Erosion in the share price is just begining ! Cash is king!  
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