Bullboard - Stock Discussion Forum TransAlta Corp T.TA.PR.F

Primary Symbol: T.TA Alternate Symbol(s): TAC | T.TA.PR.E | TRNTF | T.TA.PR.D | TACPF | TSLTF | T.TA.PR.H | T.TA.PR.J | T.TA.PR.G

Utilities Utilities - Independent Power Producers

TransAlta Corporation owns, operates and develops a diverse fleet of electrical power generation assets in Canada, the United States and Australia. It provides municipalities, medium and large industries, businesses and utility customers with affordable, energy-efficient and reliable power. It also produces wind power and hydro-electric power. Its segments include Hydro, Wind & Solar, Gas... see more

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TSX:TA - Post Discussion

TransAlta Corp > VEEEEERRYYY TOUGH DAY,,,,,,,,,,,!!!!!!!!!!!!!!!!!!

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Post by Red_Deer on Jan 11, 2022 9:13pm

VEEEEERRYYY TOUGH DAY,,,,,,,,,,,!!!!!!!!!!!!!!!!!!

TA sure Took a HUGE HIT ToDay eh !!!!!!!!!

At the CLOSE__In JUST ONE DAY__We DROPPED ALL the WAY Back to Levels SEEN END of September__and THIS on ABOVE AVERAGE Trading Volumes.

OF COURSE__NO NEWS__at least for US Lowly Retail Investors eh !!!

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Comment by Stratocheif on Jan 11, 2022 9:39pm

A windmill fell over at one of thier windfarms and they discovered that the foundations on all 50 units are defective and have to be replaced....$140 million down the drain. This company has caused me grief since I bought it 12 years ago @$27. Every time it seems to be doing well something bad happens.

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Comment by Red_Deer on Jan 12, 2022 3:57am

INDEED this DIVE was caused by the 10% drop in RNW share price__RNW is an independant SUB of TransAlta so RNW will be HIT by that $140 million Repair Bill__PLUS No Revenues from this 50 unit wind farm for at least a FULL YEAR!!!! THUS there MAY BE Impact on TransAlta itself by REDUCED DIVIDENDS from RNW eh ??

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