Q: Good Morning
My average cost on ALA is $38.00 and the weight around 2%. I have two questions:
1. Would you recommend that I average down at the current stock price.
2. If so, should I be buying ALA or ALA.r (receipts)
Thank you
Q: This a followup to Curtis's question in which you said: "We would consider interest rate risk a greater worry than company credit risk." What effect do you forsee on ALA do the rising rates in the US? Would 1% rise mean a decline, and what size of decline could one anticipate? Thanks, Mark
A recent BNN guest has a sell recommendation on Altagas, with the comment about the company having to borrow to pay the dividend (if I recall correctly).
I know that you seem to be comfortable with their ability to pay the dividend, and that the WGL acquisition will support future dividend growth. Will this support happen soon or a few years from now? I was also wondering if an increase in interest rates would affect their ability to pay the dividend.
Q: I need to sell some stock to cover my Riff payment in a few days and wondering which of the above I should sell or keep. AD return is - 16% . Altagas is -27%. and Yield Plus is up 6.8%. Thanks
Q: is there a reason for ALA.r to be trading below the issue price of $31?If the deal goes through,will ALA.r be trading close to $31?Already has a half position.Thanks for u usual great services & views.Happy family day.
Q: Hi Peter & Co.,
Fabrice Taylor made an interesting comment on ALA on today's Market Call show. He said his analysis of ALA's cash flow statement suggests that the dividend is being funded through borrowing and equity raises, and not cash flow from operations. This is the first time I've heard a comment like this about ALA's dividend and its implications for the sustainability of the dividend. What's your take on this?
Many thanks,
Brian
Q: Is the dividend portion of this investment (Altars receipts) paid monthly or at some later date. If it is not paid monthly does it accrue and become payable if the investment is sold ?
Q: Hello, Thanks for your wonderful note about the Altagas subscription recipts. This seems to be case of heads, I win a decent amount (10+%) tails i still win some (2.8%+). I called my broker he says Ala.r is trading in the open market..not in ipo any longer. I wanted to clarify if Ala.r is the correct symbol if i were to go through with this..actually i already did make small purchase. Now thinking about half position.Thanks again.
Q: This is not a question, but rather a comment on what you guys do. Your analysis on ALA and receipts offers deep insight. I just wanted to say how much I appreciate your expertise, my subscription is worth every penny. Thank you.
Q: Thoughts on Alta gas valuation and stability of dividend. I only have a half position of Raging River. I am going to pull the trigger and take a full position. Would you add AlA at this time or recommend another. I'm open to risk and have a time frame of 5 years plus.
Q: Hi,
Just to clarify - I checked TD and they show that the AltaGas Subscription Receipts Offering closed on 3/Feb/2017. Is there a different deal that you are referring to?