Algonquin Power & Utilities Corp T.AQN

All Talk, No Action

[BSdetector2016]

Folks, it's been almost a year since the company announced the sale of its renewables business. Nothing of any consequence has happened since. Do we get our hopes up when they release Q2 or will it be more of the same management gross under-achievement ?

https://investors.algonquinpower.com/news-market-information/news/news-details/2023/Algonquin-Power--Utilities-Corp.-Will-Pursue-Sale-of-Renewable-Energy-Group-Following-Strategic-Review-Announces-2023-Second-Quarter-Financial-Results/default.aspx

[DeanEdmonton]

BSDetector - not sure whether the earnings report will be good or bad but my bet is they won't break their current pattern. Even if the report is reasonable, I think the odds of it helping the stock price are pretty low. I did not want to be holding this stock through the announcement. Will be very interested to see if they are starting to turn this around, but I doubt it.

[BSdetector2016]

I am now down to a small holding. This is a poster child example of what a dead money stock looks like. There would have been some hope had they recruited a CEO from outside the sandbox to clean things up, but no...

[Hunk33]

Cutting Interest rate it might  help a bit,but Banskota cut aqn wings, aqn will stay handicap for years to come til her wings grow.

[Red_Deer]

Hey HUNK__You ACTUALY Are RIGHT__It WILL BE Years  BUT This IS OK__As WE KEEP ON Collecting The 7 %% Dividend  ALL Those YEARS eh !!!!