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Transalta Corp Stock Symbol: TA-T

Notes:.

Last Price Recorded: 12.6300 on 2014-07-22 01:14:15

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Date Signal Expert Opinion Price
2014-07-08 DON'T BUY Paul Gardner, CFA

There is a feeling that they are having problems with regulatory reviews and there is litigation risk.  The Alberta assets are struggling.  There is also a risk that their coal plants could get assessed with environmental problems.  It is probably going down another 10% before you want to take a hard look at it.


Price:
$12.750
Subject:
FIXED INCOME, LARGE CAP DIVIDENDS AND REITS
Bias:
BULLISH
Owned:
Unknown
2014-06-27 BUY Jaime Carrasco

Probably a good entry point at this price. 5.5% yield.


Price:
$12.980
Subject:
RESOURCE, UTILITY & REITs
Bias:
CAUTIOUS
Owned:
Yes
2014-06-18 WATCH Rick Stuchberry

Has looked at this 3 times because it is down so much, there might be an opportunity to Buy. There is a reason this is down. They are having some operational problems, and he is not sure how safe the dividend is. If you are not sure about a dividend on a utility stock, you have to take a very hard look at it. He would leave it for awhile, and let them show you a couple of more quarters of operational success.


Price:
$12.970
Subject:
CANADIAN LARGE & iNTERNATIONAL ADR's
Bias:
BULLISH on EMERGING MARKETS
Owned:
No
2014-06-17 DON'T BUY Ross Healy

It was probably good that they cut their dividend, because it had been acting as a real a drag on the balance sheet growth. The net worth of the company had actually been falling, pretty steadily for 3-4 years. It still is, but is kind of levelling out a little. Stock is cheap but the problem is that we need some earnings. So far the earnings have not changed.


Price:
$12.980
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Unknown
2014-06-09 COMMENT Andy Nasr

Likes this as a longer-term hold, and feels the dividend is sustainable. Thinks you will see the payout ratio creep down coincident with the company deleveraging their balance sheet. The real “trick shot” for them is going to be the long-term growth potential, when some of their power facilities go from being fully contracted to having merchant power exposure. Longer-term he feels power prices in Western Canada are going to increase. Once they can sell into that merchant market, at prices that are almost twice as high as what they are currently contracted for, they will make money hand over fist. However this doesn’t happen for 4-5 years, so you have to be very patient. Thinks the breakup value is higher than the current stock price.


Price:
$12.700
Subject:
NORTH AMERICAN DIVIDEND & REITs
Bias:
OPTIMISTIC
Owned:
Yes
2014-05-28 DON'T BUY David Cockfield

Thinks the dividend is relatively safe, but the growth aspects do not appear to be that attractive. They have a lot of older equipment/facilities in Alberta, and have some reasonable competition. 5% yield, but you can do better in other situations with more growth.


Price:
$13.040
Subject:
CANADIAN
Bias:
OPTIMISTIC
Owned:
Yes
2014-05-07 DON'T BUY Douglas Kee

Cut their dividend to 5.5%.  He is not a believer that there is a growth story in this one.  Their history on running plants is not great.


Price:
$13.170
Subject:
CANADIAN DIVIDEND
Bias:
CAUTIOUS
Owned:
Yes
2014-04-30 BUY Nick Majendie

Had owned at the $13.40 level and took some profits when it had moved up sharply in January. They then cut the dividend. Very cheap currently. Management has to prove that they can be consistent on the operations side and if they do that, with the incremental cash flow from cutting the dividends, they should be able to grow the cash flow at about 4% per year over the next 3, 4, 5 years. With this valuation you should get decent double digit returns. You’ll have to be patient.


Price:
$13.390
Subject:
CANADIAN LARGE
Bias:
BULLISH
Owned:
Yes
2014-04-14 DON'T BUY John O'Connell, CFA

They have a lot of coal fired gas plants that may or may not be coming off line here.  This is a big opportunity to make more money because when they renew contracts the coal price will be more favourable for them.  They have a lot of debt.  You don’t need to own a company like this where you are banking on a turnaround.


Price:
$13.020
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
Unknown
2014-03-24 WATCH Larry Berman CFA, CMT, CTA

It’s okay at the current level.  Within the next 5 years it could have potentially 30% upside.  It looks attractive, but he would like to see support come in, which it is started to have happen. 


Price:
$12.710
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2014-03-12 DON'T BUY Lyle Stein

Unfortunately it hit the news with a dividend cut and that is never good. It has been a difficult environment to show any kind of growth for this company. There are a lot better places where you could do much better.


Price:
$12.750
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
No
2014-03-12 DON'T BUY Bruce Campbell (1)

As a long-term hold for yield, there are better companies that pay the same yield. You would have thought that an independent power company would be a good preserver of capital, but this has been a destroyer of capital.


Price:
$12.750
Subject:
CANADIAN LARGE
Bias:
BULLISH
Owned:
No
2014-03-05 BUY Christine Poole

They cut their dividend by 38% unexpectedly.  They want to do M7A to grow.  Her preference would be other income producing stocks.


Price:
$12.980
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
No
2014-02-28 BUY on WEAKNESS Ben Cheng

He is somewhat constructive and has been picking away at it down here.  Most if not all of the bad news is out of the way down here.  It will be a long workout and repair program for the company.  Doesn’t believe it is a value trap.


Price:
$12.750
Subject:
REITS, INCOME STOCKS & HIGH YIELD BONDS
Bias:
BULLISH o n CDN DIVIDEND STOCKS
Owned:
Yes
2014-02-28 BUY Jaime Carrasco

It looks cheap.  He has been adding a bit but prefers AGN-T.  Rates as sector perform.


Price:
$12.750
Subject:
RESOURCE, UTILITY & REITs
Bias:
SELECTIVE
Owned:
Yes
Showing 1 to 15 of 455 entries
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