After reading the recent COELCE analysis in Ação e Reação, I have a feeling that in the coming months we'll see the kinds of comments on the media we saw about Cielo and Redecard: "Market overreacted", "Analysts now optimistic", "Great discount caused by excessive pessimism", "Buy" Buy" Buy!".
The price metrics of Eletropaulo and Coelce are so cheap...
It means that Mr.Market is seriously afraid about the regulatory issues.
As he usually overreacts, and the metrics are so cheap, I think it's very reasonable to think that Coelce and Eletropaulo are bargains.
Efeitos no Brasil do cenário financeiro nos EUA
3 weeks ago
2 comments:
http://www.valor.com.br/empresas/1084498/distribuidoras-ainda-tentam-alterar-regras
I think that power distribution companies are far more complex than we thought once.
And it's a huge mistake to consider that its earnings are adjusted by inflation, since there is obvious decline when revisions by ANEEL took place.
See, for example, last analisys of TRPL made by A&R.
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