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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: The Altagas (ALA) purchase of 25% of Petrogas sounds good, except how do we determine whether the price was reasonable? The news release indicates it will be accretive to earnings and cash flow per share, but doesn't give a timeline. Any thoughts on the merits of the purchase, or is it a case of wait and see. I hold a 3% position from a purchase several years ago and will continue to hold, but would purchase more if the deal appears to be particularly good from the ALA view.
Read Answer Asked by Robert on September 13, 2013
Q: my question is regarding Altagas (ALA-T). i purchased it for a core position in my son's account at about $25 and needless to say i'm very happy about the results. the way i understand things is that substantial "ebitda" should occur in the next several years.some of their contracts are very lucrative, long term and inflation protected.i guess management performance will be key to ensure these projects are properly executed . another concern i have is "when" interest rates do rise (and i realize that may several years away), would't a stock like ALA would get lambasted in that environment ? so finally, i'm thinking of buying more, what are your likes and dislikes about this stock. thanx norm
Read Answer Asked by NORM on May 17, 2013