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Transalta Corp (TA-T) opinion on 2012-11-01

Last Price Recorded: 7.4100 on 2017-11-16

ON STOCKCHASE SINCE Nov 2000

electrical/electronic
DON'T BUY

Jim Huang
Transalta Corp was $15.860 at time of opinion
Owned : No

Gone through quite a bit of transformation over the last 15 years. Feels they had a wrongheaded policy of trying to maintain the dividend in the face of drastic business changes. A lot of their coal-fired generators are being phased out. Need to build new ones and need to look for new opportunities. Feels they should cut the dividend and use the money to build a new, efficient power generation in the right jurisdiction. Payout ratio is almost 100%.

OPTIMISTIC

All opinions for TA-T (556)

89 BUY
8 BUY on WEAKNESS
68 COMMENT
218 DON'T BUY
57 HOLD
1 PARTIAL BUY
1 PARTIAL SELL
22 PAST TOP PICK
26 SELL
2 SELL ON STRENGTH
1 SHORT
2 STRONG BUY
35 TOP PICK
4 WAIT
5 WATCH
17 WEAK BUY
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All opinions for TA-T (556)

89 BUY
8 BUY on WEAKNESS
68 COMMENT
218 DON'T BUY
57 HOLD
1 PARTIAL BUY
1 PARTIAL SELL
22 PAST TOP PICK
26 SELL
2 SELL ON STRENGTH
1 SHORT
2 STRONG BUY
35 TOP PICK
4 WAIT
5 WATCH
17 WEAK BUY
View All

More experts covering TA-T

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Add TA-T to Watch List
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1 Comment

Sue

November 2nd 2012 at 9:41am

Company having major problems. Agree that at some point dividend will have to be cut. Payout Ratio is a huge red flag to potential investors.

Disclosure: I do not own this stock.


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