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Atlas Corp. (ATCO-PH)

NYSE - Nasdaq Real Time Price. Currency in USD
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24.84-0.11 (-0.44%)
As of 10:58AM EDT. Market open.
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  • B
    If it ever gets back $16.00, I'm out of this stock. All profits are going to top tier executives and major corporate shareholders.
  • P
    Peace and Love
    Recession is much more likely now. With close to a $250 mill in cash and access to Fairfax cash, Sokol is going shopping in the next few yrs. If you need cash soon, this isn’t for you. It’s going to get even bumpier but this is when conglomerates are made. If you love business, get ready for a masterclass on capital allocation
  • R
    no surprise here for me. I got out a couple months ago when I found out the lease rates for their newbuild fleet. The 3 ships build and delivered in late 2021 are on 18 year leases for $24,100 per day less than 1/5 the current spot market rate and with no apparent provision for inflation. I sold ATCO and bought ZIM, because it looked like they were on the other side of some of these leases. Couldn't find the lease rate for the newest delivery , but I guess that was delivered in April and won't show up until next quarter.
    ZIM is also down, but expect $12 - 15 earnings in Q1, so it won't stay down long.
  • J
    I sold before market closed. Higher interest rates will drive this down along with the broader market. If the 10yr yield is going to be 4% then ATCO should yield 6-7%
  • G
    What is wrong with this equity? Sokol should be fired immediately!
  • M
    Added another 500 shares @12.56 hopefully they have good news
  • s
    Crushed the numbers but dumping in after hours, OK then. Buying more in the morning.
  • K
    Remember how pot stocks buried a lot of people a few years back? Crypto will be known as the greatest burrier of American young and African of all time! this will be the Guinness world book of record! Don't miss out get your name included.Successful people don't become that way overnight. What most people see at a glance - wealth, a great career, purpose is the result of hard working and hustle overtime. I pray that anyone who read this will be successful in life. It's possible to produce superior performance provided you do something different from the majority👍👍MASSIVE order are coming in at the close, huge volume. Large institutions on the move again🤑🚀Deposit this sell off today, we had a very good week in this volatile market good volume at the close and A /Hs💯☑️
  • z
    in Bing's opening comments he says they took delivery of a newbuild in April

    Seaspan continued diligently executing its newbuild program with one newbuild delivery in April ahead of schedule.

    that wasn't announced in any press release that i can find anywhere
  • D
    First quarter 2022 financial performance compared to first quarter 2021:
    Revenue growth of 9.5% to $408.1 million
    Net earnings of $169.4 million and Diluted EPS of $0.56
    Adjusted EBITDA(1) growth of 16.5% to $277.1 million
    Adjusted diluted EPS(1) growth of 56.0% to $0.39
    FFO per diluted share(1) growth of 21.7% to $0.73
  • V
    Watsa's fund results largely swing on how well ATCO does.
  • J
    @Retireyung. Wish I had followed you to ZIM a couple months ago. I bailed on ATCO today after owning it for several years. Nobody is making money on this pig except Watsa and management.
  • B
    why is this dropping so badly today?
  • P
    Well then......April has not started out quite like we had hoped.
    On the bright side, my Apr $20 covered calls will expire worthless.
    Good thing I didn't try to buy them back a month ago :-)
  • J
    This is the type of stock that you want to own when everything is collapsing
  • B
    If you are not a top tier shareholder, or top tier corporate management, you get only crumbs from the table and stock value losses.
  • B
    exercising the warrants will depress the EPS in the short term but it will also provide about 200 million to improve their cash position or reduce debt. Since Prem Watsa is doing it early it probably means they have a use for the cash since they are satisfied with the present debt to equity ratio and the credit rating is improving.
  • D
    That was the fastest call I think I ever heard from these guys.