Algonquin Power & Utilities Corp T.AQN

Assets

[svsingh83]

AQN has huge array of assets.

Management would know that divi cut will further erode company's reputation which has been built over many years.

I think, they  will recycle some assets to get out of this tight spot.

Divi cut if any is still 3 months away. Lot can happen in between.

Back over $11 which is 5% gain from the bottom.

I think selling is over done.

Brookefield must be keenly watching.

There should other parties who wou;ld like to grab it around $12.50

[rustyblades]

Dream on. This downward slide is a result of their takeover of the coal plants a year ago. They issued equity to partly finance the takeover. They are paying dividends to this new equity with no corresponding increase in income. The only path forward is to slash the dividend to bring the payout ratio to well under 100%. There is also the execution risk of converting the coal plants and getting new

[splurge]

I agree with most of what you are saying about the Coal plant. Waiting until next year will not be an option now. The market is driving the schedule forward. Sorry to spoil Christmas but the Board and management have some work to do before others prey further on the share price weakness. The regulatory environment has been pretty good these past years but going forward things could change given

[Capharnaum]

For a regulated business, the use of payout ratio on earnings is a poor metric. For example, part of the lower net income was due to higher interest charges. Yet, a good portion of these (70%) will be recovered eventually and increase the net earnings when they are. It could be two years though, as there's a significant lag sometimes between costs incurred and when they get put into new rates.

[besttobe]

Well said....... Capharnaum (314) User Actions   8 minutes ago 42 Reads Post# 35097577 RE:RE:Asset For a regulated business, the use of payout ratio on earnings is a poor metric. For example, part of the lower net income was due to higher interest charges. Yet, a good portion of these (70%) will be recovered eventually and

[rusty777]

Well SvSingh - I agree they have some impressive assets, some of which they could divest, however, I would be surprised if that is on their radar.  I am not convinced they give a hoot about the company reputation so the most likely scenario is to cut the divi - especially whith a payout ratio of  397% of earnings (according to Simply Wall Stret).  Given that the CEO is earing almost

[svsingh83]

divi cut won't be a bad idea. ALA has recovered a lot after divi cut. thet also sold BC Hydro.

[BSdetector2016]

AltaGas has not come close to its former highs. It sold good to pay for bad, diluted itsef to oblivion with its DRIP and financings. Hopefully Algonquin won't get as bad.

[Nonscence1]

The only bounce there will be is one where ball keeps bouncing down the stares. It will hit  7 bucks.no doubt about it.it. Maybe even 6 The company is toast. It was pumped by all the analysts. Dead cat? Not only is it dead but its stuck to a truck tire. 

[Karl63]

You sound to me like you've shorted it . . .

[svsingh83]

It may not be a good idea to sell it now or later. Waiting patiently may help in the long. Managment has multiple levers to pull to correct the course.

[1condor]

svsingh83...not sure if you have noticed but AQN managment is in the doghouse until further notice...the "market" is now pulling the so called levers.