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Electric utility company primarily engaged through its principal subsidiaries and related companies in the distribution, generation and transmission of electricity in Chile, Argentina, Brazil, Colombia and Peru.
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joerancho67 (< 20) Submitted: 7/15/08 2:54 AM : Start Price: $14.02 ENI Score: 24.58
This has all the key elements for growth, good lateral expsosure in power generation/distribution, proven track record in a expanding South American market, eveyone focuses on Brazil,(Chile and Argentina will be the next big play) they are well positioned in these countries as well - I'm a buyer here at $15.25 Im in for 50 block share at $15.00 or less I will block in at 60 share stepsI see this stock hitting 27.50 by Jauary, when Argentina finalizes the petrochemical facilies currently being expanded by ALFA SABand MEXICHEM dropping 2 Billion dollars in Peru for thier petrochemical expansions ENI is a smart play - I'm in
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