Viewing Company AltaGas Ltd | StockChase
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Compiling comments that experts make about stocks while on public TV.

AltaGas Ltd Stock Symbol: ALA.R-T

Notes:

"Subscription receipts"

Last Price Recorded: $29.9900 on 2017-05-26

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Date Signal Expert Opinion Price
2017-03-20 COMMENT Jim Huang

If you like Altagas, then clearly you want to own the subscription receipts. It trades at a discount, but you get the same dividend. The receipts are issued for the purpose of finalizing the acquisition of WGL Holdings, a utility company in the US. If it does not get regulatory approval, the money gets returned to you. He doesn’t see anything to lose. It’s a good acquisition for them. If you have a medium to long term time horizon, this should perform well for you.


Price:
$29.950
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
Unknown
2017-03-16 TOP PICK Zachary Curry

The company has just issued these Subscription Receipts for stocks, for a US acquisition they plan to do that should close in the 2nd quarter of 2018. There are a few worries where they have a big chunk of debt and some worries on the utility side. In his view, the debt levels will go down. If the deal doesn’t go through, the subscription receipt holders get their money back. This is trading at about $1 less then the common shares. Dividend yield of 7.1%.


Price:
$29.740
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
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