Capital Power Corp T.CPX

Vote against the management

[canadian]

Vote against the management. The management does not buy back shares. Very undervalued compared to AQN.

[dileas48s]

I don't understand the comparison with AQN.  Yes, Algonquin does have a small percentage of their business related to energy generation, but a huge aspect of their business is in the local distribution utility business.  They own multiple businesses across the U.S. to read, bill and collect on local utility customers - just like a Toronto Hydro, or a Veridian (two examples from

[SargeX]

Hey Dil How she go? How's all the investments doing? Don't waste your breath on this "Canadian" guy. He's been going on and on for a few months on how CPX 's stock price should be at least $70. Then on the other had he's been going on about how bad the CPX management is. I actually think they've done a masterful job transitioning from Alberta coal to other

[canadian]

This post has been removed in accordance with Community Policy

[canadian]

Get lost u moron. The stock went up with stock market. No insider buying in this stock. Stupid management

[Defiance2050]

I dont think their is a single utility company in the last year that has had executives purchase shares in a significant amount eithout massive selling. Both Fortis and Algonquins retiring executives sold shares once they retired.

[dileas48s]

All good Sarge.  Working on rebalancing the portfolio a bit while trying to avoid triggering capital gains.  Dividend Income up 12% so far this year. As for CPX I tried trading it a couple of times without great results, but now hold 1,000 shares long. Dividend here looks safe and I suspect they'll increase it over time so that's what I'm here for :)

[SargeX]

Hey Dil Great to hear. Just my view, but what I've found is that it is better to just take the capital gains hit if it fits your plan. Agree with you on the divy being solid and should keep increasing. As I've said, I'm quite impressed by the CPX management and am a happy long term holder with some short term trades with some of our extra cash. Take her easy   Sarge

[ntcse123]

I agree that management is solid here, I am happy to see them focusing on sustainable growth/transition they have been doing.  In terms of valuation method with capex heavy businesses, I prefer to look at EV\EBITDA as this factors in the debt load.  I also look at market cap to levered free cash flow which is another useful metric.  When I bought Capital Power 6 months back at under

[canadian]

Fair value is around 70$ and management does not do anything to bring up the share price.

[ntcse123]

Fair value will be achieved when Capital Power is rerated as an ESG company.  Management has been moving more swiftly to transition from coal and cleaner solutions than some others in Alberta.  The transition started five years ago and the stock has doubled since the bottom then.  It's easy to blame management but if you are looking for a faster riser, you might have to look