Cia. Energetica de Minas Gerais (ADR) (NYSE:CIG)
The Company through its subsidiaries operates into generation, transmission and distribution businesses of electric power in Brazil in accordance with the concession agreements with the Federal Government.
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Recs
robotclo
(75.70)
Submitted: 3/20/2013 8:02:52 PM :
Start Price:
$12.00
CIG Score:
-16.48
Well, that was irritating. The Brazillian government merely mentions that they might consider possibly capping electricity prices, maybe, and the stock gets downgraded and drops 11% overnight. There go all of last months gains.
I still consider the stock a buy, although I would keep a very close eye on the politics there and be ready to sell if it takes a turn.
Recs
JohnT106
(< 20)
Submitted: 2/8/2013 3:24:39 PM :
Start Price:
$10.35
CIG Score:
-3.69
CIG has been receintly upgraded from REDUCE to HOLD on TD Ameritrade. My research shows it will outperform. Potential for growth and also has a nice dividend.
Recs
SpartanMAC
(38.49)
Submitted: 1/17/2013 7:24:41 PM :
Start Price:
$10.63
CIG Score:
-9.33
CAPS Greenblatt screen - 5 star and PB/PE, GM/ROE weight factors.
Recs
IlanBigfoot
(72.16)
Submitted: 12/30/2012 11:04:20 PM :
Start Price:
$10.21
CIG Score:
-11.85
High yield strategy: TMFHighYield says to look for "high dividend payers from the S&P 500 from diverse sectors, relatively low debt, and a history of increasing dividend payments." This is my Utilities pick.
$10.80
Recs
80brown
(99.52)
Submitted: 11/8/2012 11:18:57 PM :
Start Price:
$8.93
CIG Score:
+1.93
well-rated Utility Company trading at 42% below its 52 week high
Recs
Recs
Oley68
(65.12)
Submitted: 2/16/2012 3:43:31 PM :
Start Price:
$14.15
CIG Score:
-44.95
I will admit up front that I have not researched this company in great lengths.
I think this company will outperform over the long term. From what I read, Brazil has promised to upgrade their power grid. If this happens, this will help ADR over the long term. I also like the agreement to supply Gerdau with power thru 2021.
Some things to look into, the large amont of debt it holds on it's books. 8.19 Bil debt compared to 2.29 bil cash. What is the plan to lower debt? Look at FCF...
Recs
yambarudan
(< 20)
Submitted: 12/25/2011 4:43:25 PM :
Start Price:
$10.36
CIG Score:
-9.46
Brazil is growing rapidly, hydroelectric will lead the way to power their burgeoning population.
Recs
rxmichigan
(63.44)
Submitted: 5/6/2011 11:26:51 AM :
Start Price:
$11.88
CIG Score:
-30.69
It's main source of electrical production is hydro-electric. Changes in the cost of fuel oil and coal have little effect on their cost structure. It is also a play outside the US market as hedge against the dollar.
Recs
BoiseKen
(94.36)
Submitted: 8/4/2009 8:42:29 AM :
Start Price:
$7.82
CIG Score:
-27.30
Nearly 5% Yield; good protection vs. declining dollar. Growth will come from Brazilian Economic Expansion and repricing of contracts over the next couple years.
Recs
Xucolat
(66.43)
Submitted: 3/12/2009 9:41:52 PM :
Start Price:
$6.92
CIG Score:
-64.44
Good growth and dividends.
Recs
givitsound
(< 20)
Submitted: 8/2/2008 2:30:26 PM :
Start Price:
$12.09
CIG Score:
-45.60
Utilities are nice and stable (typically) and this one has some very good growth prospects. Might be volatile in the short term but what isn't right now. Will trend up over the long haul.
Recs
JohnnyiPhone
(< 20)
Submitted: 6/17/2008 7:26:26 AM :
Start Price:
$11.98
CIG Score:
-34.59
Go Brazil.
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fitz55
(45.40)
Submitted: 5/4/2008 8:37:52 PM :
Start Price:
$10.83
CIG Score:
-21.16
foreign energy, good div,steady
Recs
equalfuture
(< 20)
Submitted: 3/23/2008 9:36:18 AM :
Start Price:
$8.39
CIG Score:
-1.18
TRACKZACK is leading you on the wrong path, using the Bovespa scale is a good track to financial ruin.
Bovespa, is a overpriced and poorly run stock exchange,
brazil has had its day, quality is what will count, unfortunately quality is hard to find in brazil, for local consumers as well as investors,
Recs
winningcombo
(29.45)
Submitted: 9/4/2007 7:39:08 PM :
Start Price:
$8.85
CIG Score:
+5.72
Great Latin American play....recently split and the share price continues to climb. CIG has more than doubled in share price in the last couple of years.
Recs
LorenzoDeMedici
(81.89)
Submitted: 7/11/2007 2:11:46 PM :
Start Price:
$10.38
CIG Score:
+10.16
Little fish in a big pond. Won't survive on its own. Look for it to be gobbled up by a major. Until then, stock languishes.
Recs
LattePup
(98.64)
Submitted: 1/29/2007 11:58:57 AM :
Start Price:
$7.47
CIG Score:
+22.62
good PE and forecast growth. Plus 5 stars.
Recs
PaulB102
(68.39)
Submitted: 8/26/2006 9:38:51 PM :
Start Price:
$6.38
CIG Score:
+35.22
You can't go wrong with hydroelectric power. Good yield too --- 5+%
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