Bullboard - Stock Discussion Forum Algonquin Power & Utilities Corp T.AQN

Alternate Symbol(s): AQN | T.AQN.PR.A | T.AQN.PR.D | AGQPF

Algonquin Power & Utilities Corp. is a Canada-based diversified international generation, transmission, and distribution company. The Company through its two business groups, the Regulated Services Group, and the Renewable Energy Group, provides sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one... see more

Add To Watchlist

TSX:AQN - Post Discussion

Algonquin Power & Utilities Corp > Chris Blumas- BNN - PAST TOP PICK

View:

Post by Possibleidiot01 on Feb 14, 2024 2:36pm

Chris Blumas- BNN - PAST TOP PICK

PAST TOP PICK

(A Top Pick Feb 15/23, Down 18%)

Disappointing. Valuation is inexpensive which, on its own, doesn't justify an investment. Activists involved, lots of pressure to break up company. Positive things should happen this year. Not ready to give up yet.

Plan is to spin off renewables for someone else to buy. Left with pure-play utility valuation. Path to realized value to at least get back to cost.

electrical utilities

N/A