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Been watching this stock today, did my DD but also warned that ELP may be volatile before it hits it's price target of approx $18. Probable spiking to $7 or $8 ...so what news are we expecting from China that would make the difference...contract?
I've found a great mid priced stock that has had like 18 straight positive quarters, the ticker is PED, they sell training technology, very profitable little company. I flipped it last week, but plan on investing there when efgo spikes. : )
How you doin Chud? Good stock here. When do plan on getting back into our favorite stock? : ) Almost a half billion buys Friday.(were some of those yours?) : ) Should make a decent run soon.
Hello all and welcome to the ELP board!!! This is certainly one of the most solid stocks that I've studied lately. Feel free to ask questions or post your comments about the Brazilian utilities and telecommunications industry. Companhia Paranaense de Energia is a growing company with great upside.
Company Description
Companhia Paranaense de Energia-COPEL (Copel) is an electric power company engaged in the generation, transmission and distribution of electricity in the Brazilian State of Parana, pursuant to concessions granted by the Brazilian regulatory agency for the electric sector, Agencia Nacional de Energia Eletrica-ANEEL. It also provides telecommunications and information technology services and other services through various partnerships. As of December 31, 2006, it generated electricity at 17 hydroelectric plants and one thermoelectric plant, with a total installed capacity of 4,549.6 megawatts. As of December 31, 2006, it owned and operated 7,210 kilometers of transmission lines and 165,757 kilometers of distribution lines in Brazil. Copel is composed of five wholly owned subsidiaries: Copel Geracao (Generation), Copel Transmissao (Transmission), Copel Distribuicao (Distribution), Copel Telecomunicacaes (Telecommunications) and Copel Participacaes (Corporate Partnerships).
Contact Information:
Rua Coronel Dulcidio, 800
Parana
80420-170 Curitiba
BRAZIL
Phone: (212) 701-1823
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