EDENOR S.A. (ADR) (NYSE:EDN)
An electricity distribution company in Argentina. The Company operates its business in a regulated environment.
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Recs
chrlone007
(< 20)
Submitted: 6/15/2010 9:12:47 PM :
Start Price:
$7.17
EDN Score:
-83.27
Extraordinary company! So cheap, you will multiply your money by a factor of 5 or even 10, with time!
Recs
21popsontop
(< 20)
Submitted: 8/11/2009 10:06:13 AM :
Start Price:
$5.93
EDN Score:
-90.67
Do we need electricity? No I don't think so. NOT!
Recs
srkeith
(< 20)
Submitted: 4/25/2008 12:26:32 PM :
Start Price:
$18.70
EDN Score:
-85.32
growing economy needs more power
Recs
4guy
(< 20)
Submitted: 7/8/2007 4:02:03 AM :
Start Price:
$22.40
EDN Score:
-79.50
Power shortages in Argentina will force the government to allow private utilities to increase prices.
Recs
SnoqualmieC
(66.34)
Submitted: 7/7/2007 2:09:28 AM :
Start Price:
$22.44
EDN Score:
-79.98
Argentina is experiencing a power supply crisis caused by economic growth coupled with pricing restrictions placed upon companies like EDN. The government just announced plans to import energy from neighboring countries in an effort to meet demand but not raise prices prior to an October election. This situation is unsustainable. Power companies will be allowed to raise rates by year's end (after the election) to resolve the crisis, thereby dramatically increasing profitiability.
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