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5i Report
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B+
Review of Capital Power Corporation
DEC 10, 2024 - CPX builds, owns and operates power generation facilities with a focus on renewables and thermal energy sources. CPX has had a very strong performance thus far in 2024 as the company continues to execute its growth project, integrate acquisitions, and grow its US operations. The stock has seen its multiples expand from trading under 10x forward earnings at the beginning of the year to now trading at 19x. While we see a path for CPX to become a prominent player in the Canadian renewables space, we do not think that this year’s performance is a basis for the future
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5i Recent Questions
Q: Very large drops in CPX, but very little drop in H. Why the big difference between the two? I own both, should i continue to do so? If you could invest in only one today, which one would you choose and why?
Q: Dec '24 - Bought deal offering at $58.80 per Common Share, for total gross proceeds of approximately $460 million.
If the big boys bought at 58.80 would a current 53.00 not be "a good deal"
Do you see any tariff implications or any other down side?
Your comments please.
If the big boys bought at 58.80 would a current 53.00 not be "a good deal"
Do you see any tariff implications or any other down side?
Your comments please.
Q: Hello Team,
A lot of power producing companies, including CPX, had a great run since the advent of AI and the need to power data centers sprouting everywhere. With the news about Deep Seek a lot of them took a shaving yesterday. Do you think CPX can recover? Thank you as always for your valuable insight.
Adel
A lot of power producing companies, including CPX, had a great run since the advent of AI and the need to power data centers sprouting everywhere. With the news about Deep Seek a lot of them took a shaving yesterday. Do you think CPX can recover? Thank you as always for your valuable insight.
Adel
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