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ATCO Ltd. Class I Non-voting Shares (ACO.X $59.92)
- $59.92 P/E (TTM): 15.7X Cap: $6.74B
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ATCO Ltd. Class I Non-voting Shares (ACO.X $59.92)
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Q: What are your thoughts and/or insights regarding the monster Alberta AI data centre complex being promoted Kevin O'Leary? Are there any investable companies involved that aren't on the public radar yet that you would consider investing in? Thanks, and Happy New Year!
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Canadian Utilities Limited Class A Non-Voting Shares (CU $43.84)
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ATCO Ltd. Class I Non-voting Shares (ACO.X $59.92)
- $59.92 P/E (TTM): 15.7X Cap: $6.74B
- View ACO.X Profile
- View Questions on ACO.X
Q: I own Canadian Utilities and Atco Class 1 shares and they have appreciated nicely over time. How would you rate their prospects for growth in share price for the next 5 years?
With today's economic climate with the US, and the Canadian government's stated intention to push for big Canadian infrastructure projects, would one of these companies be a stronger bet?
Do you see the current dividend level as being safe for both companies going forward?
And, is there a good reason to own both of these stocks, given that CU is a sub of Atco?
Thank you for you insight and have a great day!
With today's economic climate with the US, and the Canadian government's stated intention to push for big Canadian infrastructure projects, would one of these companies be a stronger bet?
Do you see the current dividend level as being safe for both companies going forward?
And, is there a good reason to own both of these stocks, given that CU is a sub of Atco?
Thank you for you insight and have a great day!
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ATCO Ltd. Class I Non-voting Shares (ACO.X $59.92)
- $59.92 P/E (TTM): 15.7X Cap: $6.74B
- View ACO.X Profile
- View Questions on ACO.X
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ATCO Ltd. Class II Shares (ACO.Y $60.00)
- $60.00 P/E (TTM): 13.93X Cap: $6.10B
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Q: Atco sent a message to shareholders of Class I and Class II shares today. There will be a special meeting in December to vote on Class II shares becoming Class I shares, for various reasons --- one of them being that the existing Class II shares are not very liquid (low trading volume).
Would this change to the share structure affect Class I shareholders in any significant way going forward?
And, please confirm that only the Class II shareholders are entitled to vote at the special meeting.
Thank you and have a great day.
Would this change to the share structure affect Class I shareholders in any significant way going forward?
And, please confirm that only the Class II shareholders are entitled to vote at the special meeting.
Thank you and have a great day.
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