Algonquin Power & Utilities Corp T.AQN.PR.A

Banskota GONE,,,,,,,,,,,,,But Share PRICE Sinking......

[Red_Deer]

Comment by pennydredfulon Aug 11, 2023 9:59am

46 Views Post# 35583651

RE:RE:RE:RE: Arun Banskota said:

People   said   the stock would  go  up   the day  he left.  How   wrong   they were  Admittedly it  took   too    long.  

INDEED eh !!!!!!!!!!

CLASSIC Case of WHAT Happens WHEN EveryOne THINKS That SomeThing WILL HAPPEN eh !!!

Mr MARKET has a LONG HISTORY of CUTTING HEADS OFF !!!!


I May BE the ONLY ONE Here Having NOT THOUGHT as EveryOne ELSE ????

And THIS Comes FROM Over 4 Decades of TEACHING by Mr MARKET !!!!! 

[Accountprince]

Hi Red Deer.  The line up for giving you a pat on the back for your self proclaimed correctness is very long and dominated by Me, Myself and I.  As they say even a broken watch is correct twice a day. The events that have happened now set AQN on the path expressed by shareholders.  It had a less than stellar quarter but that couldn't have been it.  Nor the shorts piling on

[Red_Deer]

Hey AccountPrince__You WERE a LOT MORE CHARITABLE to Me Last APRIL eh !!!! Post by Red_Deer on Apr 17, 2023 2:03pm ,,,,,,,,,,,,Another CLASSIC ""DisConnect""............. So for MONTHS we had EVERYONE__Including the 1929 SHOE SHINE Boy__Expecting FOR the CanCellation of the ""DEAL"" With ALL of THEM__Including the ANALYSTS__Expecting

[bmbruce]

initially, uncertainties may arise about Algonquin's strategy, especially if negative utility sector sentiments persist due to the expected continuation of high interest rates that could also hinder the sale of the renewable energy portfolio...consequently, the company's share price might become more volatile, with this volatility expected to continue until successful strategy execution

[AlwaysLong683]

Agree. Market is probably cautious about AQN until it sees what the Renewables Business fetches and who the new CEO is going to be. Assets are only worth what another entity is willing to pay for them at any given point in time. IMO, unless they are in dire need of money, perhaps they should wait on the Renweables sale. However, AQN can't afford to allow their credit rating to fall below

[houbahop]

Agree, the timing of the renewable business sale might not be good right now. It looks like the sector is at the bottom of the cycle. If they can afford to keep it and take the time to bring some efficiencies to te operation, that might be the best course.

[baranja]

Renewable business has nowere to go but down.  go woke, go broke.