46

Transalta Renewables (RNW-T)

ON STOCKCHASE SINCE Dec 2014

Energy Infrastructure, Industrials & Utilities

Transalta Renewables
RNW-T

44 watching

Join the Discussion

Expert Opinions
0 comments
Your Reaction

0 3 0 0 0

What the experts are saying about RNW-T

Signal	Opinion	Expert
DON'T BUY	Transalta Renewables(RNW-T) December 28, 2018 The concern is with recent earnings which recently reported a decline of 10%. The payout ratio is only 65% and dividend growth has been increasing. He does not own at this point, due to it trading below a significant moving average. The ROE around 8% is too low for him. Energy Infrastructure, Industrials & Utilities 0 0 0 0 0 0 comments	The concern is with recent earnings which recently reported a decline of 10%. The payout ratio is only 65% and dividend growth has been increasing. He does not own at this point, due to it trading below a significant moving average. The ROE around 8% is too low for him. Energy Infrastructure, Industrials & Utilities 0 0 0 0 0 0 comments Robert McWhirte President, Selective Asset Mana... Price $10.310 Owned No

DON'T BUY	Transalta Renewables(RNW-T) September 11, 2018 This is owned 60% by TransAlta and managed by TransAlta. RNW doesn’t have employees, it pays a management fee to TransAlta instead. The price has gone down over the past year, but so have most utilities, as interest rates have increased. The yield looks safe but there is no clear path for growth. Cash flow projections are flat. They sold 12 million shares in June, but are using the money to pay down debt rather than investing in significant new projects. She expects the price to stay flat, so one could invest in this stock for the yield alone. Alternatively, one could look for a company like this that has more growth projects underway. Yield 7.8%. Energy Infrastructure, Industrials & Utilities 0 0 0 0 0 0 comments	This is owned 60% by TransAlta and managed by TransAlta. RNW doesn’t have employees, it pays a management fee to TransAlta instead. The price has gone down over the past year, but so have most utilities, as interest rates have increased. The yield looks safe but there is no clear path for growth. Cash flow projections are flat. They sold 12 million shares in June, but are using the money to pay down debt rather than investing in significant new projects. She expects the price to stay flat, so one could invest in this stock for the yield alone. Alternatively, one could look for a company like this that has more growth projects underway. Yield 7.8%. Energy Infrastructure, Industrials & Utilities 0 0 0 0 0 0 comments Christine Poole CEO & Mana, GlobeInvest Capital ... Price $12.040 Owned No
WEAK BUY	Transalta Renewables(RNW-T) July 20, 2018 Sell and cut losses? Would own it for the dividend. Might want to consider buying more. Primarily a coal utility, but spun off wind assets, which he likes. Unfortunately now, about 41% of their portfolio are Australian nat gas assets. Doesn’t love it, prefers pure play renewable energy stocks. Lots of opportunity here, and not going to be short of cash. Would want clarity on projects and strategic direction moving forward. Energy Infrastructure, Industrials & Utilities 0 0 0 0 0 0 comments	Sell and cut losses? Would own it for the dividend. Might want to consider buying more. Primarily a coal utility, but spun off wind assets, which he likes. Unfortunately now, about 41% of their portfolio are Australian nat gas assets. Doesn’t love it, prefers pure play renewable energy stocks. Lots of opportunity here, and not going to be short of cash. Would want clarity on projects and strategic direction moving forward. Energy Infrastructure, Industrials & Utilities 0 0 0 0 0 0 comments Tim Nash Financial , The Sustainable Econ... Price $12.130 Owned Unknown
COMMENT	Transalta Renewables(RNW-T) July 6, 2018 It fell with the other utilities but has not bounced back as much as the others. He is neutral on it. He likes its stability and its valuation characteristics but it is not showing good price momentum.. The dividend yield is high, the payout ratio is not excessive and the 15x Price to EBITDA is a little cheaper than its peers, so it wouldn’t take a whole lot of price improvement for him to recommend it. He needs more confidence that disappointed sellers have sold their shares and so will not sell the stock off when it rises more Energy Infrastructure, Industrials & Utilities 0 0 0 0 0 0 comments	It fell with the other utilities but has not bounced back as much as the others. He is neutral on it. He likes its stability and its valuation characteristics but it is not showing good price momentum.. The dividend yield is high, the payout ratio is not excessive and the 15x Price to EBITDA is a little cheaper than its peers, so it wouldn’t take a whole lot of price improvement for him to recommend it. He needs more confidence that disappointed sellers have sold their shares and so will not sell the stock off when it rises more Energy Infrastructure, Industrials & Utilities 0 0 0 0 0 0 comments Jason Mann CIO & Co-F, Edgehill Patners... Price $12.460 Owned Unknown
DON'T BUY	Transalta Renewables(RNW-T) July 3, 2018 It is not one of his favorites in the space – he holds Northland Power. Rising interest rates has provided some headwinds for this space in general. Their assets are primarily in Australia and 54% of their assets are in wind generation. Energy Infrastructure, Industrials & Utilities 0 0 0 0 0 0 comments	It is not one of his favorites in the space – he holds Northland Power. Rising interest rates has provided some headwinds for this space in general. Their assets are primarily in Australia and 54% of their assets are in wind generation. Energy Infrastructure, Industrials & Utilities 0 0 0 0 0 0 comments Ryan Bushell President, Newhaven Asset Manag... Price $12.460 Owned No
DON'T BUY	Transalta Renewables(RNW-T) April 13, 2018 He thinks their assets in the US are minimal. The parent company thought this was too expensive to roll into its portfolio in conversations he had with management recently. This is a real rat’s nest of complexity and he would prefer to not own it. Energy Infrastructure, Industrials & Utilities 0 0 0 0 0 0 comments	He thinks their assets in the US are minimal. The parent company thought this was too expensive to roll into its portfolio in conversations he had with management recently. This is a real rat’s nest of complexity and he would prefer to not own it. Energy Infrastructure, Industrials & Utilities 0 0 0 0 0 0 comments Bill Harris, CF Portfolio , Avenue Investment Ma... Price $11.650 Owned No
COMMENT	Transalta Renewables(RNW-T) January 16, 2018 This holds the majority of TransAlta's (TA-T) power generation assets. It’s a little interest rate sensitive. The renewable area is an area of growing presence. Given the new policies under the Alberta NDP government, renewable assets are probably worth more today than they were before. He would consider this as a Hold to a Buy. Energy Infrastructure, Industrials & Utilities 0 0 0 0 0 0 comments	This holds the majority of TransAlta's (TA-T) power generation assets. It’s a little interest rate sensitive. The renewable area is an area of growing presence. Given the new policies under the Alberta NDP government, renewable assets are probably worth more today than they were before. He would consider this as a Hold to a Buy. Energy Infrastructure, Industrials & Utilities 0 0 0 0 0 0 comments Alex Ruus Portfolio , Arrow Capital Manage... Price $13.030 Owned Unknown
COMMENT	Transalta Renewables(RNW-T) December 6, 2017 Thinks the problem with the stock is that it is harder and harder to find cheap assets, and it is difficult to build assets, so are challenged on the growth side. Dividend yield of about 7%. Energy Infrastructure, Industrials & Utilities 0 0 0 0 0 0 comments	Thinks the problem with the stock is that it is harder and harder to find cheap assets, and it is difficult to build assets, so are challenged on the growth side. Dividend yield of about 7%. Energy Infrastructure, Industrials & Utilities 0 0 0 0 0 0 comments Douglas Kee Chief Inve, Leon Frazer & Associ... Price $13.300 Owned No
COMMENT	Transalta Renewables(RNW-T) November 3, 2017 Doesn't see a lot of growth on this. Fairly cheap at 16X, versus its 21X versus its five-year average. 70% payout ratio on 2018 on a free cash flow basis. Probably not a bad value at these levels, but not a lot of growth going forward. Energy Infrastructure, Industrials & Utilities 0 0 0 0 0 0 comments	Doesn't see a lot of growth on this. Fairly cheap at 16X, versus its 21X versus its five-year average. 70% payout ratio on 2018 on a free cash flow basis. Probably not a bad value at these levels, but not a lot of growth going forward. Energy Infrastructure, Industrials & Utilities 0 0 0 0 0 0 comments Greg Newman Director &, Scotia Wealth Manage... Price $13.280 Owned Unknown
WATCH	Transalta Renewables(RNW-T) October 16, 2017 There is a rounded look to the current pattern. Back in 2016 it found a level about $13 and is the ‘Trump Dump’ where it found support. That will continue to be your level of support. It is in a bit of a bearish pattern but if it bounces off the support level it could be good. Energy Infrastructure, Industrials & Utilities 0 1 0 0 0 0 comments	There is a rounded look to the current pattern. Back in 2016 it found a level about $13 and is the ‘Trump Dump’ where it found support. That will continue to be your level of support. It is in a bit of a bearish pattern but if it bounces off the support level it could be good. Energy Infrastructure, Industrials & Utilities 0 1 0 0 0 0 comments Keith Richards Portfolio , ValueTrend Wealth Ma... Price $14.060 Owned Unknown
COMMENT	Transalta Renewables(RNW-T) August 4, 2017 Technically, the stock has been rolling over in the last little while, and in fact has established an intermediate downward trend. It is underperforming the market. There is some support at around $12.50, but that implies downside risk of over $1.50. He would be very cautious on this at these levels. Energy Infrastructure, Industrials & Utilities 0 0 0 0 0 0 comments	Technically, the stock has been rolling over in the last little while, and in fact has established an intermediate downward trend. It is underperforming the market. There is some support at around $12.50, but that implies downside risk of over $1.50. He would be very cautious on this at these levels. Energy Infrastructure, Industrials & Utilities 0 0 0 0 0 0 comments Don Vialoux Research A, TimingTheMarket.CA &... Price $14.250 Owned Unknown
COMMENT	Transalta Renewables(RNW-T) May 31, 2017 This has multiyear contracted assets, so he feels the dividend is safe. Good company. Dividend yield of 5.7%. Energy Infrastructure, Industrials & Utilities 0 0 0 0 0 0 comments	This has multiyear contracted assets, so he feels the dividend is safe. Good company. Dividend yield of 5.7%. Energy Infrastructure, Industrials & Utilities 0 0 0 0 0 0 comments Michael Simpson Senior Vic, Sentry Investments... Price $15.660 Owned Unknown
PAST TOP PICK	Transalta Renewables(RNW-T) April 26, 2017 (A Top Pick Feb 24/16. Up 51.06%.) A great business for the renewable side of things. This is going to be a long-term growth business. Selecting your entry point is going to be the most difficult part. Energy Infrastructure, Industrials & Utilities 0 0 0 0 0 0 comments	(A Top Pick Feb 24/16. Up 51.06%.) A great business for the renewable side of things. This is going to be a long-term growth business. Selecting your entry point is going to be the most difficult part. Energy Infrastructure, Industrials & Utilities 0 0 0 0 0 0 comments Bruce Campbell President , Stone Castle Investm... Price $15.700 Owned Yes
BUY	Transalta Renewables(RNW-T) January 9, 2017 It is a pretty interesting stub to own. He thinks TA-T would be an interesting takeover target and they own much of this stock. Energy Infrastructure, Industrials & Utilities 0 0 0 0 0 0 comments	It is a pretty interesting stub to own. He thinks TA-T would be an interesting takeover target and they own much of this stock. Energy Infrastructure, Industrials & Utilities 0 0 0 0 0 0 comments Daniel Lloyd Portfolio , Forge First Asset Ma... Price $14.280 Owned Yes
BUY	Transalta Renewables(RNW-T) November 15, 2016 Probably going to have moderate growth and an attractive yield. For an income investor, it is a reasonable investment. Energy Infrastructure, Industrials & Utilities 0 0 0 0 0 0 comments	Probably going to have moderate growth and an attractive yield. For an income investor, it is a reasonable investment. Energy Infrastructure, Industrials & Utilities 0 0 0 0 0 0 comments Christine Poole CEO & Mana, GlobeInvest Capital ... Price $12.870 Owned No

Stockchase, in its reporting on what has been discussed by indviduals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : hello@stockchase.com.

© Stockchase Inc. & Wealthica Financial Technology Inc.