EPW
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0.21% $2.43 erm power limited

~ 40% drop in 2 days - it will be a Buy tomorrow. All utility...

  1. john007
    7 Posts.
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    21/06/16
    16:27
    Post #: 18085659
    ~ 40% drop in 2 days - it will be a Buy tomorrow.

    All utility company face same problem as ERM in Australia - bigger companies like AGL have more to lose.
    Margin pressure due to increased Cost of Energy as all the Gas is contracted to east coast LNG projects.
    Margin's in American business doesn't look too bad.

    Long term price to settle around $2.
    EPW Price at posting: 87.0¢ Sentiment: Buy Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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