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Emera Inc (EMA-T) opinion on 2016-12-05

Last Price Recorded: 47.9300 on 2017-12-12

ON STOCKCHASE SINCE May 2001

mngmnt/diversified
mngmnt/diversified
DON'T BUY

Don Vialoux
Emera Inc was $44.200 at time of opinion
Owned : Unknown

These stocks tend to underperform this time of year.  EMA-T is in a distinct down trend, breaking to new lows.  It is below the 20 day moving average and momentum indicators are negative.  There have to be better opportunities.

BULLISH

All opinions for EMA-T (229)

63 BUY
4 BUY on WEAKNESS
44 COMMENT
17 DON'T BUY
25 HOLD
1 PARTIAL BUY
26 PAST TOP PICK
2 SELL
1 SHORT
26 TOP PICK
2 WAIT
3 WATCH
15 WEAK BUY
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All opinions for EMA-T (229)

63 BUY
4 BUY on WEAKNESS
44 COMMENT
17 DON'T BUY
25 HOLD
1 PARTIAL BUY
26 PAST TOP PICK
2 SELL
1 SHORT
26 TOP PICK
2 WAIT
3 WATCH
15 WEAK BUY
View All

More experts covering EMA-T

SAVE
Add EMA-T to Watch List

Last 60 Days Opinions

COMMENT
3 weeks ago
COMMENT
4 weeks ago
DON'T BUY
1 month ago
TOP PICK
1 month ago
PAST TOP PICK
1 month ago
HOLD
1 month ago
Post Comment

1 Comment

utiac

December 9th 2016 at 7:42am

In August this year they issued over 50 million shares by way of converting debentures. If you owned shares at that time, it diluted your share value by more than 25%. In November they issued 6.6 million more via a bought deal financing and sold 12.9 million shares of AQN for proceeds of 141+ million. Sounds to me like a company struggling to keep debt under control. Wouldn't go near them.


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