AltaGas Ltd T.ALA.PR.B

Strange

[Johnwith30years]

How BMO analyst has an outperform rating and positive comments after Petrogas sale on Ala then says earnings might disappoint two days ago but also argues exchange rates may be a factor on some midstream's due to strength in US dollar. 

He is usually quite good and after his report ALA backed off a bit so hope he's dead wrong about this quarter.  Still he has 30+ targets in place along with outperform.

[bushman33333]

This post has been removed in accordance with Community Policy

[bttmfischer]

There is some truth in that. They may not be told to flat out lie, but sure instructed which to pump,  and which to dismiss. The smart ones learn from the mistakes of others, the rest learn from their own mistakes, unless they work in Ottawa. They NEVER ADMIT THAT THEY MADE ANY MISTAKES. They claim it's ALWAYS some else's fault. 

[Capharnaum]

Due to the regulated nature of utilities, there is some delay in catching up when costs increase. Under the cost of service model, they will get back everything plus interests, but when reporting earnings, they will have a temporary hit (which will be completely returned in future rates and be compensated by higher future earnings). That could explain the comment. If I wasn't clear enough in