Western Wind Energy Corp V.WND

Article: Algonquin moving in to US wind market

[eljoro]

https://www.theglobeandmail.com/report-on-business/algonquin-power-to-buy-4-us-wind-farms/article2364658/

Just for interest's sake,

El Joro

[sultan66]

Interesting article... thanks... most interesting was this: On the face of it, 480 megawatts at $888-million comes out to $1.85-million a megawatt,” Mr. Tharp said. “It looks quite good.”  We have 165MW of producing capapcity. At $1.85MM / MW, this would value our assets (producing only) at $305MM. $305MM/ 62MM outstanding shares equals a comparable take out value of $4.92 per share. Anybody

[mm2m]

Sultan, Thanks for the information and the update. On concern I have is with Jeff saying that in a years time we should be 1.00 higher... I hope he is low balling because if we have to wait another year before we see 2.50 which we should see after the 100m comes in there again something is not right here. I hope Jeff is low balling so expectations are low. Hope to see some good news next week and

[jonathanstjohn2]

Don't you have to subtract WND debt from the 305M total value? How much is that? 100M after grant money? That's 3.3. 205/62. And 62 looks low after dilution. I'd be a millionaire if I did/n't include debt in my net worth. The future is muddy as usual. Jeff's amount looks about on. $1 up.  

[Xtrykr0]

The market, hedge funds and institutions think otherwise. If we're worth that much then why is there no one buying at these levels, and worseover, who on their right mind would be selling at these levels? I'm a believer... and I'm having a hard time stomaching how this stock is getting beat to a pulp, very soon, there will be no pulp left, just my skeleton :(

[sultan66]

Sorry if my post was confusing, I was only alluding to the value of the projects on a standalone basis. Yes the debt would be factored in in valuing the shares, but I allocated zero value to Yabuoca or their pipeline of projects and solar endeavours. I was only trying to demostrate that on the same per mw valuation, AQN paid much more this week than they offered us previously, hence the low ball

[fulzy]

It's getting beaten up because people are getting bored... At least it hasn't been dropping on high volume.  I think people are just losing interest and moving on.  We need some promotion from management to get the SP up but the reality is that wind energy is not an exciting business.... Put up some turbines, convert it to power and sell it.  Not much to hype up.  But

[jonathanstjohn2]

I hated school.   Please provide calculation of future cash flow/earnings. I guess EBITDA X a multtiple.   Thanks. I hope you are right. In absence of info NBV is best valuation. Even then, 100M debt is a guess.