9% divident -- EN
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alex_li_98 Mon Feb 07, 2005 4:13 pm    

9% divident -- EN 
Enel S.p.A. is an electricity company in Italy, which is engaged in the generation, distribution, sales and transmission of electricity. The stock gained quite a bit in the past 6 months, but the divident is 9%:-)

Blast, does this qualify as a value buy? Is currency a factor in the stock's rise?

-Alex
blast_investor Mon Feb 07, 2005 6:34 pm    

 
Electricity is typically highly regulated business in US, or China or probably everywhere else. US utility regulartion is pretty complicated already.

I do not know that much about Italy's government regulation so that I would avoid a stock like this.
 
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