Transalta Corp

TA-T

TSE:TA

8.59
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
HOLD
HOLD
January 25, 2016

Wouldn’t be a buyer here as there is too much uncertainty. There is slowing demand from a weak economy in Alberta, and then you have uncertainty regarding climate policy and how that will impact the company. An alternative might be Transalta Renewables (RNW-T).

Show full opinionHide full opinion
Transalta Corp (TA-T)
January 25, 2016

Wouldn’t be a buyer here as there is too much uncertainty. There is slowing demand from a weak economy in Alberta, and then you have uncertainty regarding climate policy and how that will impact the company. An alternative might be Transalta Renewables (RNW-T).

DON'T BUY
DON'T BUY
January 22, 2016

A big concern is their coal fired assets. They also have some Hydro and some wind, but coal is a significant amount of their assets, both in Canada and in Washington state. There isn’t clear detail on how the Alberta government will help the coal producers transition. Even though the stock has fallen a lot, he still has concerns about power prices in Alberta.

Show full opinionHide full opinion
Transalta Corp (TA-T)
January 22, 2016

A big concern is their coal fired assets. They also have some Hydro and some wind, but coal is a significant amount of their assets, both in Canada and in Washington state. There isn’t clear detail on how the Alberta government will help the coal producers transition. Even though the stock has fallen a lot, he still has concerns about power prices in Alberta.

HOLD
HOLD
January 18, 2016

Has had a ton of downside pressure. It trades at a significant discount to its net asset value. The yield support is there. It is a well run set of assets and he thinks you can keep it.

Show full opinionHide full opinion
Transalta Corp (TA-T)
January 18, 2016

Has had a ton of downside pressure. It trades at a significant discount to its net asset value. The yield support is there. It is a well run set of assets and he thinks you can keep it.

DON'T BUY
DON'T BUY
January 5, 2016

Has been a problem child for a long time. They executed very poorly on their assets. They are over levered. Moody downgraded their debt. It all stems from the government’s climate change policy. The coal assets are about 40% and they had to take a write down. The dividend is susceptible to cutting because they have to get their debt down. You are in a headwind because coal assets will be forced to go offline.

Show full opinionHide full opinion
Transalta Corp (TA-T)
January 5, 2016

Has been a problem child for a long time. They executed very poorly on their assets. They are over levered. Moody downgraded their debt. It all stems from the government’s climate change policy. The coal assets are about 40% and they had to take a write down. The dividend is susceptible to cutting because they have to get their debt down. You are in a headwind because coal assets will be forced to go offline.

COMMENT
COMMENT
December 30, 2015

This and its sister company Canadian Utilities (CU-T), have been hit for a variety of reasons, Alberta being the biggest. Everybody hates this one. A massive yield of 15%. He uses 5% as a sign as to when the flags go up. 6% means being very, very careful. Anything over 6% needs investigation. One of the issues they have are balance sheet questions. How can they continue to expand, how can they meet demands for working capital? The dividend is an easy thing to sacrifice in the near term. They have pushed much of their assets into Transalta Renewables (RNW-T). Analysts are saying that the value of Transalta Renewables is now equal to the price of Transalta, plus you get all the coal assets, plus you get some Hydro assets. If you can get around the dividend getting cut, the asset play looks quite interesting.

Show full opinionHide full opinion
Transalta Corp (TA-T)
December 30, 2015

This and its sister company Canadian Utilities (CU-T), have been hit for a variety of reasons, Alberta being the biggest. Everybody hates this one. A massive yield of 15%. He uses 5% as a sign as to when the flags go up. 6% means being very, very careful. Anything over 6% needs investigation. One of the issues they have are balance sheet questions. How can they continue to expand, how can they meet demands for working capital? The dividend is an easy thing to sacrifice in the near term. They have pushed much of their assets into Transalta Renewables (RNW-T). Analysts are saying that the value of Transalta Renewables is now equal to the price of Transalta, plus you get all the coal assets, plus you get some Hydro assets. If you can get around the dividend getting cut, the asset play looks quite interesting.

SELL
SELL
December 30, 2015

Dividend is not sustainable. You buy utilities for the safety of the stock and the safety of the dividend. This company has none of that. Any stock that yields 15%, the market is telling you that the dividend is not stable. A very troubled company.

Show full opinionHide full opinion
Transalta Corp (TA-T)
December 30, 2015

Dividend is not sustainable. You buy utilities for the safety of the stock and the safety of the dividend. This company has none of that. Any stock that yields 15%, the market is telling you that the dividend is not stable. A very troubled company.

SELL STRENGTH
SELL STRENGTH
December 18, 2015

Stock has a pretty defined downtrend. As a technical person he would say you don’t own a stock that looks like this. Expects there will be a rally into the first week or two of January, and would use that as a sell opportunity.

Show full opinionHide full opinion
Transalta Corp (TA-T)
December 18, 2015

Stock has a pretty defined downtrend. As a technical person he would say you don’t own a stock that looks like this. Expects there will be a rally into the first week or two of January, and would use that as a sell opportunity.

SELL
SELL
December 15, 2015

Wonders why you would want to get into this. If looking at a utility, you are looking for a safe, secure distribution over time. There are a lot of questions around this one because they haven’t executed very well along with the whole carbon capture scenario. About 65% of their power is generated from coal. Not something he would be stepping into.

Show full opinionHide full opinion
Transalta Corp (TA-T)
December 15, 2015

Wonders why you would want to get into this. If looking at a utility, you are looking for a safe, secure distribution over time. There are a lot of questions around this one because they haven’t executed very well along with the whole carbon capture scenario. About 65% of their power is generated from coal. Not something he would be stepping into.

DON'T BUY
DON'T BUY
December 8, 2015

This just continues to hit new lows, seemingly every month. It is a stone throw away from what he terms as “going into the blue”, and he recommends that people not play with companies like this. The 17% dividend is suspect. They are not even close to earning their dividend.

Show full opinionHide full opinion
Transalta Corp (TA-T)
December 8, 2015

This just continues to hit new lows, seemingly every month. It is a stone throw away from what he terms as “going into the blue”, and he recommends that people not play with companies like this. The 17% dividend is suspect. They are not even close to earning their dividend.

DON'T BUY
DON'T BUY
December 4, 2015

There are 2 things that are really a problem for the company. It is using coal to generate a lot of its power, which is a real no-no. Also, the government has changed the rules and put a deadline on the closure of coal fired plants. Thinks the company will stay at this low price for a while. Also, this will be a target for people wanting to do tax loss selling. He is staying away from this.

Show full opinionHide full opinion
Transalta Corp (TA-T)
December 4, 2015

There are 2 things that are really a problem for the company. It is using coal to generate a lot of its power, which is a real no-no. Also, the government has changed the rules and put a deadline on the closure of coal fired plants. Thinks the company will stay at this low price for a while. Also, this will be a target for people wanting to do tax loss selling. He is staying away from this.

COMMENT
COMMENT
November 26, 2015

Chart shows a long downward trend and has just formed a double bottom. The interesting thing about power in Alberta is who is going to pick up the slack from the phase out of coal. This is not just a coal business, but has really been impacted by that. It will become clearer in the next few months. Watch the base and see if it breaks.

Show full opinionHide full opinion
Transalta Corp (TA-T)
November 26, 2015

Chart shows a long downward trend and has just formed a double bottom. The interesting thing about power in Alberta is who is going to pick up the slack from the phase out of coal. This is not just a coal business, but has really been impacted by that. It will become clearer in the next few months. Watch the base and see if it breaks.

COMMENT
COMMENT
November 25, 2015

The stock, rightly so, has been punished for its high debt, poor cash flow and a negative ROE. He wants stocks with good price momentum, good valuation, and this stock has neither. The fear has been a dividend cut and more dilutive equity financing. There is a sum of the parts story that can get you a higher valuation than the current cash flow metric would presume. Alberta put out their climate change report which basically pushed out the phase-out of coal to 2030, so that gives them lots of time to transition their business to renewables, which they have been doing. About a month ago, they press released that they were in talks to be acquired. This fell through. prefers to play their preferreds giving less dividend risk.

Show full opinionHide full opinion
Transalta Corp (TA-T)
November 25, 2015

The stock, rightly so, has been punished for its high debt, poor cash flow and a negative ROE. He wants stocks with good price momentum, good valuation, and this stock has neither. The fear has been a dividend cut and more dilutive equity financing. There is a sum of the parts story that can get you a higher valuation than the current cash flow metric would presume. Alberta put out their climate change report which basically pushed out the phase-out of coal to 2030, so that gives them lots of time to transition their business to renewables, which they have been doing. About a month ago, they press released that they were in talks to be acquired. This fell through. prefers to play their preferreds giving less dividend risk.

COMMENT
COMMENT
November 4, 2015

This has a yield that tells us it is going to get cut. Double digit yields are really not sustainable. The renewables is probably worth $5.50-$5.75, so you get the coal asset for free. That is intriguing. Dividend yield of 8%. He is watching this.

Show full opinionHide full opinion
Transalta Corp (TA-T)
November 4, 2015

This has a yield that tells us it is going to get cut. Double digit yields are really not sustainable. The renewables is probably worth $5.50-$5.75, so you get the coal asset for free. That is intriguing. Dividend yield of 8%. He is watching this.

BUY WEAKNESS
BUY WEAKNESS
November 3, 2015

A tough one to call. The share price has declined significantly. They have a significant stake in TransAlta Renewables (RNW-T), which if you back it out accounts for most of the share value of $6. The big concern is the new government in Alberta that is focused on climate change which may force early retirement of coal facilities which this company owns. Then you have to wonder how they are going to generate cash flow growth beyond 2018. In this environment, were highly leveraged companies are getting punished, there is some pressure on the stock and some speculation they may have to cut the dividend. If it got down to $5.50, he might start to nibble away at it because it would represent pretty good risk/reward.A tough one to call. The share price has declined significantly. They have a significant stake in TransAlta Renewables (RNW-T), which if you back it out accounts for most of the share value of $6. The big concern is the new government in Alberta that is focused on climate change which may force early retirement of coal facilities which this company owns. Then you have to wonder how they are going to generate cash flow growth beyond 2018. In this environment, were highly leveraged companies are getting punished, there is some pressure on the stock and some speculation they may have to cut the dividend. If it got down to $5.50, he might start to nibble away at it because it would represent pretty good risk/reward.A tough one to call. The share price has declined significantly. They have a significant stake in TransAlta Renewables (RNW-T), which if you back it out accounts for most of the share value of $6. The big concern is the new government in Alberta that is focused on climate change which may force early retirement of coal facilities which this company owns. Then you have to wonder how they are going to generate cash flow growth beyond 2018. In this environment, were highly leveraged companies are getting punished, there is some pressure on the stock and some speculation they may have to cut the dividend. If it got down to $5.50, he might start to nibble away at it because it would represent pretty good risk/reward.A tough one to call. The share price has declined significantly. They have a significant stake in TransAlta Renewables (RNW-T), which if you back it out accounts for most of the share value of $6. The big concern is the new government in Alberta that is focused on climate change which may force early retirement of coal facilities which this company owns. Then you have to wonder how they are going to generate cash flow growth beyond 2018. In this environment, were highly leveraged companies are getting punished, there is some pressure on the stock and some speculation they may have to cut the dividend. If it got down to $5.50, he might start to nibble away at it because it would represent pretty good risk/reward.A tough one to call. The share price has declined significantly. They have a significant stake in TransAlta Renewables (RNW-T), which if you back it out accounts for most of the share value of $6. The big concern is the new government in Alberta that is focused on climate change which may force early retirement of coal facilities which this company owns. Then you have to wonder how they are going to generate cash flow growth beyond 2018. In this environment, were highly leveraged companies are getting punished, there is some pressure on the stock and some speculation they may have to cut the dividend. If it got down to $5.50, he might start to nibble away at it because it would represent pretty good risk/reward.A tough one to call. The share price has declined significantly. They have a significant stake in Transalta Renewables (RNW-T), which if you back it out, accounts for most of the share value of $6. The big concern is the new government in Alberta that is focused on climate change which may force early retirement of coal facilities which this company owns. Then you have to wonder how they are going to generate cash flow growth beyond 2018. In this environment, where highly leveraged companies are being punished, there is some pressure on the stock and some speculation they may have to cut the dividend. If it got down to $5.50, he might start to nibble away at it because it would represent pretty good risk/reward. accounts for most of the accoutsaThey have a significant stake They They have a significant stake in TransAlta Renewables (RNW-T), which if you back it out accounts for most of the share value of $6. The big concern is the new government in Alberta that is focused on climate change which may force early retirement of coal facilities which this company owns. Then you have to wonder how they are going to generate cash flow growth beyond 2018. In this environment, were highly leveraged companies are getting punished, there is some pressure on the stock and some speculation they may have to cut the dividend. If it got down to $5.50, he might start to nibble away at it because it would represent pretty good risk/reward.

Show full opinionHide full opinion
Transalta Corp (TA-T)
November 3, 2015

A tough one to call. The share price has declined significantly. They have a significant stake in TransAlta Renewables (RNW-T), which if you back it out accounts for most of the share value of $6. The big concern is the new government in Alberta that is focused on climate change which may force early retirement of coal facilities which this company owns. Then you have to wonder how they are going to generate cash flow growth beyond 2018. In this environment, were highly leveraged companies are getting punished, there is some pressure on the stock and some speculation they may have to cut the dividend. If it got down to $5.50, he might start to nibble away at it because it would represent pretty good risk/reward.A tough one to call. The share price has declined significantly. They have a significant stake in TransAlta Renewables (RNW-T), which if you back it out accounts for most of the share value of $6. The big concern is the new government in Alberta that is focused on climate change which may force early retirement of coal facilities which this company owns. Then you have to wonder how they are going to generate cash flow growth beyond 2018. In this environment, were highly leveraged companies are getting punished, there is some pressure on the stock and some speculation they may have to cut the dividend. If it got down to $5.50, he might start to nibble away at it because it would represent pretty good risk/reward.A tough one to call. The share price has declined significantly. They have a significant stake in TransAlta Renewables (RNW-T), which if you back it out accounts for most of the share value of $6. The big concern is the new government in Alberta that is focused on climate change which may force early retirement of coal facilities which this company owns. Then you have to wonder how they are going to generate cash flow growth beyond 2018. In this environment, were highly leveraged companies are getting punished, there is some pressure on the stock and some speculation they may have to cut the dividend. If it got down to $5.50, he might start to nibble away at it because it would represent pretty good risk/reward.A tough one to call. The share price has declined significantly. They have a significant stake in TransAlta Renewables (RNW-T), which if you back it out accounts for most of the share value of $6. The big concern is the new government in Alberta that is focused on climate change which may force early retirement of coal facilities which this company owns. Then you have to wonder how they are going to generate cash flow growth beyond 2018. In this environment, were highly leveraged companies are getting punished, there is some pressure on the stock and some speculation they may have to cut the dividend. If it got down to $5.50, he might start to nibble away at it because it would represent pretty good risk/reward.A tough one to call. The share price has declined significantly. They have a significant stake in TransAlta Renewables (RNW-T), which if you back it out accounts for most of the share value of $6. The big concern is the new government in Alberta that is focused on climate change which may force early retirement of coal facilities which this company owns. Then you have to wonder how they are going to generate cash flow growth beyond 2018. In this environment, were highly leveraged companies are getting punished, there is some pressure on the stock and some speculation they may have to cut the dividend. If it got down to $5.50, he might start to nibble away at it because it would represent pretty good risk/reward.A tough one to call. The share price has declined significantly. They have a significant stake in Transalta Renewables (RNW-T), which if you back it out, accounts for most of the share value of $6. The big concern is the new government in Alberta that is focused on climate change which may force early retirement of coal facilities which this company owns. Then you have to wonder how they are going to generate cash flow growth beyond 2018. In this environment, where highly leveraged companies are being punished, there is some pressure on the stock and some speculation they may have to cut the dividend. If it got down to $5.50, he might start to nibble away at it because it would represent pretty good risk/reward. accounts for most of the accoutsaThey have a significant stake They They have a significant stake in TransAlta Renewables (RNW-T), which if you back it out accounts for most of the share value of $6. The big concern is the new government in Alberta that is focused on climate change which may force early retirement of coal facilities which this company owns. Then you have to wonder how they are going to generate cash flow growth beyond 2018. In this environment, were highly leveraged companies are getting punished, there is some pressure on the stock and some speculation they may have to cut the dividend. If it got down to $5.50, he might start to nibble away at it because it would represent pretty good risk/reward.

HOLD
HOLD
October 22, 2015

They have had a difficult time for several reasons. Alberta has had a difficult time with a much lower oil price. They also have coal plants and this is not the favourite way of producing electricity. They have also struggled with their capital cost and overall performance. There have been other alternatives that seemed like better buys. They have good assets, but an uncertain environment including the new government. Be patient for 6 months or move to something else.

Show full opinionHide full opinion
Transalta Corp (TA-T)
October 22, 2015

They have had a difficult time for several reasons. Alberta has had a difficult time with a much lower oil price. They also have coal plants and this is not the favourite way of producing electricity. They have also struggled with their capital cost and overall performance. There have been other alternatives that seemed like better buys. They have good assets, but an uncertain environment including the new government. Be patient for 6 months or move to something else.

Showing 46 to 60 of 572 entries