Algonquin Power & Utilities Corp T.AQN

share price below book.

[Mrlongpants]

What a mess. CEO should step down. And analysts should get an other job. GLTA.

[splurge]

You never want to see share price below book for an extended period of time because their ability to finance becomes more difficult as issuing below book lowers book value going forward. Forty years ago the top energy analyst in Canada working for Nesbiit at that time said this. Typically they issue above book and it drives book higher. Anti dilutive. Back then book value was actually a metric as

[splurge]

Do they still need to issue a bit of equity to close the Kentucky deal or is it all debt and hybrid from here on? Any thoughts out there? Also did they spend $322 mln on plant and equipment in Q3? Was the regulated group cap x only $221.8 of this? splurge

[russter]

The Kentucky transaction seems to be what has caused the downfall, very similar to whay happened to ALA a few years ago when they did a major takeover in the U.S. Div cuts followed as well as asset sell offs.  Execs bit off more than they could chew! Greedy iresponsible a h o l s.

[WalterWhy]

They should fire their CEO and CFO like ALA did. This was a huge misstep.

[RayDonovan78]

It's not the first time and certainly wont be the last time analysts pump a stock only for it to fall flat a year or two later.....shopify, Meta, NFI, Snap, NIO, light speed, PayPal, AQN......The list goes on. And their BS targets are rarely met.