Algonquin Power & Utilities Corp T.AQN

Bad news usually impacts for 3 days (or more)

[BSdetector2016]

Bouncing a little on the way down is normal.

[bossu]

For now it's a 5 % drop.. If the ''buble'' burst, which I'm expecting ,you may have it with  an extra  10 % or more discount ! Way overvalued !

[bmbruce]

Bossu.. can you explain why you think that AQN is "way overvalued"..

[greenonions89]

In my opinion it is win-win.  If it corrects even more - then I get to add a bunch more at lower prices. This is a long term hold so effects of an event like this are miniscule.  Look at the 10 year chart for this stock - not many that you find will be any better than AQN for steady consistent growth.

[YoungH1isback]

Algonquin might be slightly overvalued, but it is not out whack for the sector by any means. In fact Algonquin and Northland Power are probably the closest you'll get to fair value in the sector. Northland might be a little closer to fair value, but I guess it depends on what metrics you use to determine the valuations. When it comes to being overvalued for the renewables sector if you said

[bmbruce]

Today's dip, in my opinion, occurred because of two reasons.. first the whole of the renewable energy sector, NEE, FSLR, CSIQ, all the hydrogen energy sector stocks, the wind energy etf FAN, pulled back significantly for different reasons and AQN was caught in this pullback.. this together with the Texas situation caused the 4.6% drop in the share price..as mentioned AQN for long term holders

[Bushman3333]

Yes indeed wake up call ,to those Trump trunk Fellowers don't care about climate change environment bunch of big mouth Like Trump the Devil, remind me of Sadam Hussain and his kids, Trump the same and his sons.

[peter75]

man it's about making money you can stay and wait but I'm catching the. bus that is paying

[SargeX]

Hey Young Interesting. I have a slightly different view of the utility/renewables space. As background, my wife and I own a full position of AQN, CPX, EMA, and FTS and a partial position of NPI. I think AQN and CPX are fairly valued but strong buys at this pointt for their future growth. I think EMA and FTS are screaming buys, especially for an income investor. I differ with you on NPI. I

[peter75]

sarge we are all income investors aqn paid 2 percent with divi last year  smart money goes into financials energy than rotates  into bit coin  just kidding Watch brookfeild renewable, they are the player

[bossu]

Friday -0,19 Monday -1,01 Tuesday-0,25 Total......1,45 on Friday close at $ 21,80    6,6 % drop in 3 days and a dividend of $ 1,00 in a year. Same story for BLX or NPI Only ALA whre I'm counting  the number of Tankers arriving at RIPET every days ! Happy trading with your wife. Sarge better get some ''cold cash''because it's quite obvious that the overall

[bossu]

8  tradind days ( feb 12)  and an hair cut of $ 2,40 or 12 % not far from was the stupid and LPG tankers watcher was saying . Almost 2 years and a half dividend lost. Now heading swiftly toward the 250 moving average. So was ''grossely ''overvalued !

[SargeX]

Hey Bosso Here's your direct quote from Sunday about the Monday open. It was indeed absurd and you were way off. bossu wrote: Might be a good opportunity to get on board... Surely a 15% drop Monday How's the tanker watching "spor"t going? You really should get a real hobby.  :-).

[bossu]

Too bad for you Sarge but it's hurting to see almost all the Companies you have been mentionning  are loosing steam.Good divivend ''payers ''and all of them have sustainable cash flow. All of them are a good choice but the way they have been performing was too much too fast. So the actual correction was inevitable. As far as I'm concerned I 'm invested ou was in

[SargeX]

Hey Bossu Not that it really matters but our portfolio is actually up 5.4% YTD to today's close. (see below from our Morningstar list of what we own). My wife & I are dividend income/growth retirees living off dividend income. The biggest thing to us is that we have ample didivdend income to more than cover our expenses. We actually have more than double what we need so the kids have

[bossu]

SargeX, Impressive porfolio and very good showing for conservative and looking for yield.Junior or serious investors should keep note. Just to tell you that part ( 30%) of my investments look like yours but I'm much more agressive and for my age and having been  60 years in this environnement I'm doing my own decision throught Discount Brokers and reading on the Globe and Mail or

[SargeX]

Hey Bossu Very interesting on how aggressive you are with your investing (especially for an old guy ;;-) Congrats on your YTD returns. My wife & I are definitely conservative and are generally just buy & hold. This last year has really been an anomoly for us with a bunch of portfolio maintenance for various reasons - take-overs, over-priced pure renewables, dumping some unloved guys

[bossu]

Thank you Sarge for your comments. Pretty good numbers so far but still  10 months to go. I'm pretty sure that I will not be able to keep that yielld . On reason is that I have been cashing some positions to be witthin  reasonable level in the chalenging environnement we are in. As I express not long ago the market in general is to high and  the ''bubble'''

[bossu]

Near 20 % drop since February . Better to watch ''LPG tankers '' fron RIPET  and Ferndale and of course being in ALA , However I have taken a small position on share price appreciation after that big drop.