Post by
zooplankton on Oct 17, 2011 10:00am
Valuation
WND is projecting 24 cents/share of free cash flow for 2012.
Most of WND's peers are dividend-payers, so WND can be valued as such.
At a POR of 50% and a dividend rate of 6%, which are comparable to other power producers, WND would trade at a share price of $2.01
So AQN's offer of $2.50 is more than fair.
The liars and frauds can say anything they like, but hard cold facts tell the truth.
Comment by
Blkbartt25 on Oct 17, 2011 10:05am
Cold hard facts are great to use....so, why don't you read the Independent Valn report. Seems like you've joined this Discussion Board to try and convince some sales of WND at $2.50 or less. Nice try !
Comment by
impega on Oct 17, 2011 10:08am
Zooplankton, you have not accounted for the $108 million in tax free grants which of course goes right to the bottom line along with the tax equity credits should they monetize them could be worth $80 million. DAI has the assets appraised at $5.03 a share fully diluted. I believe they have a stong reputation in the appraisal of these types of assets.