Transalta Corp

TA-T

TSE:TA

9.57
0.00 (0.00%)
TransAlta Corporation is an electricity power generator and wholesale marketing company headquartered in Calgary, Alberta. It is a privately owned corporation and its shares are traded publicly.
More at Wikipedia

Analysis and Opinions about TA-T

Signal
Opinion
Expert
BUY
BUY
December 11, 2019
It does not pay much of a yield, so it generally is ignored. They are modeling 6% growth in cash flow per share. The balance sheet is in good shape. They are buying back shares. Not his favorite name, but has upside to $11.
Show full opinionHide full opinion
Transalta Corp (TA-T)
December 11, 2019
It does not pay much of a yield, so it generally is ignored. They are modeling 6% growth in cash flow per share. The balance sheet is in good shape. They are buying back shares. Not his favorite name, but has upside to $11.
HOLD
HOLD
November 29, 2019
It has had a good bounce this year. Brookfield has been brought in (now holding 5% of the stock) and holds a couple of board seats. The true value is $11-$12, he thinks. He likes the hydro generation assets on the renewable trend. Yield 2.5%
Show full opinionHide full opinion
Transalta Corp (TA-T)
November 29, 2019
It has had a good bounce this year. Brookfield has been brought in (now holding 5% of the stock) and holds a couple of board seats. The true value is $11-$12, he thinks. He likes the hydro generation assets on the renewable trend. Yield 2.5%
SELL
SELL
November 18, 2019
He prefers ALA-T to this one at these levels. Nothing is going to move this one materially higher in the next while.
Show full opinionHide full opinion
Transalta Corp (TA-T)
November 18, 2019
He prefers ALA-T to this one at these levels. Nothing is going to move this one materially higher in the next while.
PAST TOP PICK
PAST TOP PICK
October 25, 2019
(A Top Pick Oct 03/18, Up 11%) Doing what it is supposed to do. Dull and boring. He likes their hydro assets and Brookfield has bought into a convertible bond, equivalent to about 5% of the stock outstanding and may add another 5% in the future. Management wants to buy back stock. It should be a $9-$10 stock.
Show full opinionHide full opinion
Transalta Corp (TA-T)
October 25, 2019
(A Top Pick Oct 03/18, Up 11%) Doing what it is supposed to do. Dull and boring. He likes their hydro assets and Brookfield has bought into a convertible bond, equivalent to about 5% of the stock outstanding and may add another 5% in the future. Management wants to buy back stock. It should be a $9-$10 stock.
WEAK BUY
WEAK BUY
September 16, 2019

It's been smashed in the past five years, dropping from the mid-teens to around $5-6, and cut their dividend. They made some bad calls when Alberta de-regulated and they let their transmission lines go. But they have turned around. The dividend could rise in coming years and it could move to $12. He prefers Capital Power.

Show full opinionHide full opinion
Transalta Corp (TA-T)
September 16, 2019

It's been smashed in the past five years, dropping from the mid-teens to around $5-6, and cut their dividend. They made some bad calls when Alberta de-regulated and they let their transmission lines go. But they have turned around. The dividend could rise in coming years and it could move to $12. He prefers Capital Power.

PAST TOP PICK
PAST TOP PICK
May 23, 2019
(A Top Pick May 03/18, Up 30%) They did a good job of highlighting value in their hydro assets. They are buying back stock but he would prefer they increased the dividend more. This is a good entry point again.
Show full opinionHide full opinion
(A Top Pick May 03/18, Up 30%) They did a good job of highlighting value in their hydro assets. They are buying back stock but he would prefer they increased the dividend more. This is a good entry point again.
DON'T BUY
DON'T BUY
May 6, 2019
It is difficult. It is southern Alberta. It has been in transition for a bit and still seems to be. He would not feel comfortable in the sector until things look better in Alberta.
Show full opinionHide full opinion
It is difficult. It is southern Alberta. It has been in transition for a bit and still seems to be. He would not feel comfortable in the sector until things look better in Alberta.
BUY
BUY
March 18, 2019
This hurt a lot of people. Now they are cheap, trading at 15.1% free-cash yield. He sees more upside 25-50% though nowhere near to $30.
Show full opinionHide full opinion
Transalta Corp (TA-T)
March 18, 2019
This hurt a lot of people. Now they are cheap, trading at 15.1% free-cash yield. He sees more upside 25-50% though nowhere near to $30.
DON'T BUY
DON'T BUY
January 17, 2019
Over a number of years are making a transition from coal to natural gas fired power plants. He would prefer to look at the renewables or NPI-T.
Show full opinionHide full opinion
Transalta Corp (TA-T)
January 17, 2019
Over a number of years are making a transition from coal to natural gas fired power plants. He would prefer to look at the renewables or NPI-T.
BUY
BUY
October 22, 2018

It has not done very well. He also bought some of the preferreds. He thinks they are moving in the right direction. The dividend is pretty secure. They have a long way to go to complete their turnaround. There may be tax loss selling at the end of the year but many have already taken their loss.

Show full opinionHide full opinion
Transalta Corp (TA-T)
October 22, 2018

It has not done very well. He also bought some of the preferreds. He thinks they are moving in the right direction. The dividend is pretty secure. They have a long way to go to complete their turnaround. There may be tax loss selling at the end of the year but many have already taken their loss.

TOP PICK
TOP PICK
October 3, 2018

There is deep value in this name, owning 60% of TransAlta Renewables – the share value of which equals the market value of TA-T on its own. They own 9% of the Alberta hydro market. The new PPAs on the hydro assets, which act as backup for wind and solar, could help propel this company to a double in the next three years. Yield 2.2%. (Analysts’ price target is $8.25)

Show full opinionHide full opinion
Transalta Corp (TA-T)
October 3, 2018

There is deep value in this name, owning 60% of TransAlta Renewables – the share value of which equals the market value of TA-T on its own. They own 9% of the Alberta hydro market. The new PPAs on the hydro assets, which act as backup for wind and solar, could help propel this company to a double in the next three years. Yield 2.2%. (Analysts’ price target is $8.25)

COMMENT
COMMENT
September 28, 2018

Has been a terrible place to be. Long-term decline. It’s destroyed wealth. Market’s trading off of underlying ownership of Transalta Renewables. Pays a small dividend. Washed out, fairly decent value in it.

Show full opinionHide full opinion
Transalta Corp (TA-T)
September 28, 2018

Has been a terrible place to be. Long-term decline. It’s destroyed wealth. Market’s trading off of underlying ownership of Transalta Renewables. Pays a small dividend. Washed out, fairly decent value in it.

WEAK BUY
WEAK BUY
May 23, 2018

It has a good dividend. The consolidation this year is actually pretty good, given the utility sector performance as a whole. This is in a good spot to begin to go higher. The quarterly dividend had been cut from $0.29 per share to $0.04, but this is already factored in by the market. Yield 2%.

Show full opinionHide full opinion

It has a good dividend. The consolidation this year is actually pretty good, given the utility sector performance as a whole. This is in a good spot to begin to go higher. The quarterly dividend had been cut from $0.29 per share to $0.04, but this is already factored in by the market. Yield 2%.

TOP PICK
TOP PICK
May 3, 2018

It is not the same company of 5 years ago. All the headwinds are now tailwinds. They are becoming cash flow positive and paying down debt. It is quite attractive, being a utility. (Analysts’ target: $8.20).

Show full opinionHide full opinion

It is not the same company of 5 years ago. All the headwinds are now tailwinds. They are becoming cash flow positive and paying down debt. It is quite attractive, being a utility. (Analysts’ target: $8.20).

PAST TOP PICK
PAST TOP PICK
November 24, 2017

(A Top Pick Sept 15/16. Up 28%.) *Long* (Pairs trade with a Short on TRP-T.) He still has both positions on.

Show full opinionHide full opinion
Transalta Corp (TA-T)
November 24, 2017

(A Top Pick Sept 15/16. Up 28%.) *Long* (Pairs trade with a Short on TRP-T.) He still has both positions on.

Showing 1 to 15 of 571 entries