Altagas Ltd (ALA-T) Stock Predictions - Stockchase
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Altagas Ltd (ALA-T)

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Altagas Ltd

ALA-T

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Altagas Ltd (ALA-T) SAVE Mar, 19, 2019, 3:11 pm

17.78 0.12 (0.67%)

About Altagas Ltd (ALA-T)

AltaGas is a North American energy infrastructure company based in Calgary, Alberta. The company operates in three business segments: gas, power generation, and utilities. The company is in the process of acquiring WGL Holdings. More at Wikipedia

What the experts are saying about ALA-T



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Signal Opinion Expert
BUY
Altagas Ltd(ALA-T) 

March 6, 2019

The preferred K, a rate-reset They've done a good job of splitting up the company into two stocks. They've got things on track. You can hold this preferred. The next reset is not till 2022. ALA has to do more work, but he is confident they can dig themselves out.
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The preferred K, a rate-reset They've done a good job of splitting up the company into two stocks. They've got things on track. You can hold this preferred. The next reset is not till 2022. ALA has to do more work, but he is confident they can dig themselves out.
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Andrew Pink

Portfolio , LDIC...

Price Price
$17.980
Owned Owned
Unknown

WATCH
Altagas Ltd(ALA-T) 

March 1, 2019

This is starting to recover. It was a darling and fell. A lot of bad news in 2018. They cut the dividend. They are now posturing the name for the next 5-10 years. He believes the company will grow. Yields about 5%. They have a number of businesses coming on stream.
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This is starting to recover. It was a darling and fell. A lot of bad news in 2018. They cut the dividend. They are now posturing the name for the next 5-10 years. He believes the company will grow. Yields about 5%. They have a number of businesses coming on stream.
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Lyle Stein

Sr. Portfo, Vestcap Investment M...

Price Price
$17.760
Owned Owned
Yes

HOLD
Altagas Ltd(ALA-T) 

February 27, 2019

A rough year last year and is up about 30% year to date. Their acquisition caused concern for the market. The assets are still top quality. They plan to sell $3 billion in assets. Their Ridley Island propane export terminal will help. The stock will continue to grind higher. He will continue to hold it.
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A rough year last year and is up about 30% year to date. Their acquisition caused concern for the market. The assets are still top quality. They plan to sell $3 billion in assets. Their Ridley Island propane export terminal will help. The stock will continue to grind higher. He will continue to hold it.
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Ryan Bushell

President, Newhaven Asset Manag...

Price Price
$16.450
Owned Owned
Yes

DON'T BUY
Altagas Ltd(ALA-T) 

February 26, 2019

ALA has recently risen from the low-teens to $16 He sold this in 2016. He didn't know it then, but ALA bought a big utility in Washington. They are de-leveraging when many other companies are. He isn't fond of the cost of that utility. They just changed CEO's under strange circumstances. The CEO has cut the dividend, but not enough has changed for him. Take profits or don't own.
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ALA has recently risen from the low-teens to $16 He sold this in 2016. He didn't know it then, but ALA bought a big utility in Washington. They are de-leveraging when many other companies are. He isn't fond of the cost of that utility. They just changed CEO's under strange circumstances. The CEO has cut the dividend, but not enough has changed for him. Take profits or don't own.
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Brian Madden

Senior VP , Goodreid Investment ...

Price Price
$16.200
Owned Owned
No

DON'T BUY
Altagas Ltd(ALA-T) 

February 25, 2019

The 5.9% dividend appears attractive, but is it sustainable? Maybe this is okay if you can take more risk.
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The 5.9% dividend appears attractive, but is it sustainable? Maybe this is okay if you can take more risk.
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Andrew Pyle

Senior wea, The Pyle Group, Scot...

Price Price
$16.390
Owned Owned
Unknown

DON'T BUY
Altagas Ltd(ALA-T) 

February 4, 2019

A good name in terms of if you want to be prone to take some risk for potential returns. Similar to energy names it has lagged recently. You can be very patient with it if you want. Don’t expect it to break out easily. Buy the weakness and don’t chase strength. He does not go after it because it does not show any relative strength. It is a range trader.
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A good name in terms of if you want to be prone to take some risk for potential returns. Similar to energy names it has lagged recently. You can be very patient with it if you want. Don’t expect it to break out easily. Buy the weakness and don’t chase strength. He does not go after it because it does not show any relative strength. It is a range trader.
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Sid Mokhtari

Executive , CIBC World Markets...

Price Price
$14.300
Owned Owned
Unknown

PAST TOP PICK
Altagas Ltd(ALA-T) 

February 4, 2019

(A Top Pick Mar 23/18, Down 38%) He started averaging down. He is glad he hung in. He has started a drip to buy more shares. He thinks it will take a couple of years to repair.
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(A Top Pick Mar 23/18, Down 38%) He started averaging down. He is glad he hung in. He has started a drip to buy more shares. He thinks it will take a couple of years to repair.
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Hap (Robert) Sn

Chief Port, Castlemoore Inc....

Price Price
$14.300
Owned Owned
Yes

DON'T BUY
Altagas Ltd(ALA-T) 

January 31, 2019

He got out a year and a half ago. They are working out problems of too much debt and an acquisition that did not go as planned. You do not need to be there. See his top picks for one he prefers. He owns a spinout from them from last year.
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He got out a year and a half ago. They are working out problems of too much debt and an acquisition that did not go as planned. You do not need to be there. See his top picks for one he prefers. He owns a spinout from them from last year.
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Robert Lauzon

Deputy Chi, Middlefield Capital ...

Price Price
$13.450
Owned Owned
No

COMMENT
Altagas Ltd(ALA-T) 

January 30, 2019

A controversial name after the huge WGL purchase and cutting their dividend. They should be able to manage their balance sheet in the next few years. They bought WGL for growth--and that's coming. Pays a 7% dividend. A high-risk name, but they will do okay in the long run.
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A controversial name after the huge WGL purchase and cutting their dividend. They should be able to manage their balance sheet in the next few years. They bought WGL for growth--and that's coming. Pays a 7% dividend. A high-risk name, but they will do okay in the long run.
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Jim Huang

President, T.I.P. Wealth Manage...

Price Price
$13.460
Owned Owned
Unknown

SELL
Altagas Ltd(ALA-T) 

January 28, 2019

Normally, it would look attractive now, but since 2011 it rose way above current levels. It had a sad, awful run. It broke through any head and shoulders formation.
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Normally, it would look attractive now, but since 2011 it rose way above current levels. It had a sad, awful run. It broke through any head and shoulders formation.
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Elliott Fishman

Director o, Trading Services Gro...

Price Price
$13.605
Owned Owned
Unknown

DON'T BUY
Altagas Ltd(ALA-T) 

January 21, 2019

It has been a turnaround management style since the low $30s. They bit off bit more than they could chew. They have spun off some Canadian assets because they loaded on the debt. It has the potential of a nice yield but he worries that they might be in a position that the growth part could be sold off. It is 6.8% after the dividend cut.
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It has been a turnaround management style since the low $30s. They bit off bit more than they could chew. They have spun off some Canadian assets because they loaded on the debt. It has the potential of a nice yield but he worries that they might be in a position that the growth part could be sold off. It is 6.8% after the dividend cut.
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Rick Stuchberry

Portfolio , Wellington-Altus Pri...

Price Price
$14.180
Owned Owned
Unknown

DON'T BUY
Altagas Ltd(ALA-T) 

January 17, 2019

Like Enbridge Jr., where debt's crowding them out and they can't afford the dividend. Dividend cut never good for long-term investors. Highlights the difference from quality companies. Problem with utilities is that rates are higher, so ALA has to live with what they have. Not a quality company, reduction in credit rating. If you want quality, this is not one to own.
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Like Enbridge Jr., where debt's crowding them out and they can't afford the dividend. Dividend cut never good for long-term investors. Highlights the difference from quality companies. Problem with utilities is that rates are higher, so ALA has to live with what they have. Not a quality company, reduction in credit rating. If you want quality, this is not one to own.
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David Driscoll

President , Liberty Internationa...

Price Price
$13.960
Owned Owned
No

PAST TOP PICK
Altagas Ltd(ALA-T) 

January 16, 2019

(A Top Pick Oct 30/18, Down 16%) He will continue to buy this with a long-term horizon. They did cut their dividend, but he's comfortable with their guidance. A good cash-flow payer.
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(A Top Pick Oct 30/18, Down 16%) He will continue to buy this with a long-term horizon. They did cut their dividend, but he's comfortable with their guidance. A good cash-flow payer.
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Jaime Carrasco

Portfolio , Canaccord Genuity...

Price Price
$13.800
Owned Owned
Yes

PAST TOP PICK
Altagas Ltd(ALA-T) 

January 15, 2019

(A Top Pick Jan 04/18, Down 47%) He continues to support this even though 2018 was difficult for their investors. You must take the long view, and ALA has long-term assets, with over 66% of their assets being contracted utilities. ALA's U.S. acquisition will continue to grow. Utilities typically have weak Q3s because of weaker heating/cooling demand, but Q4 should be stronger. ALA needs to execute growth in northern BC with the new propane export terminal that'll come on in Q2; he expects growth here. Compare to Transcanada when they cut their dividend in 1998: their stock plunged from $30 to $10, then they increased their dividend 2.5x; and today shares are over $50. ALA can do the same with sharp execution. He continues to average down.
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(A Top Pick Jan 04/18, Down 47%) He continues to support this even though 2018 was difficult for their investors. You must take the long view, and ALA has long-term assets, with over 66% of their assets being contracted utilities. ALA's U.S. acquisition will continue to grow. Utilities typically have weak Q3s because of weaker heating/cooling demand, but Q4 should be stronger. ALA needs to execute growth in northern BC with the new propane export terminal that'll come on in Q2; he expects growth here. Compare to Transcanada when they cut their dividend in 1998: their stock plunged from $30 to $10, then they increased their dividend 2.5x; and today shares are over $50. ALA can do the same with sharp execution. He continues to average down.
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Ryan Bushell

President, Newhaven Asset Manag...

Price Price
$13.920
Owned Owned
Yes

DON'T BUY
Altagas Ltd(ALA-T) 

January 15, 2019

People have bought it for the yield and because it was well diversified between regulated and non-regulated assets. But then they sold some assets. Probably fairly valued here. Can't tell how stable the dividend is. In the quasi-utility sector, he'd look at other companies.
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People have bought it for the yield and because it was well diversified between regulated and non-regulated assets. But then they sold some assets. Probably fairly valued here. Can't tell how stable the dividend is. In the quasi-utility sector, he'd look at other companies.
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0 0 0 0 0
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Michael Sprung

President, Sprung Investment Ma...

Price Price
$13.920
Owned Owned
Unknown

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