Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Spekulatius who wrote (31799)	4/29/2009 10:05:23 AM
From: E_K_S	Read Replies (1) \| Respond to of 78741

Hi Spekulatis - Any new opinion on CENTERPOINT ENERGY(NYSE: CNP). They missed on earnings due to some losses on natural gas inventory write downs. Company has lots of debt but seems to generate sufficient cash flow to service it. They operate in a regulated business so future cash flows s/b pretty stable. BV according to Yahoo is around $5/share. The company owns and operates electricity line, ng pipelines and storage facilities and several miles of underground transmission lines. It seems like the company is set up to benefit from the electrical grid upgrades promoted by the Obama administration. Stock is trading near a five year low but their debt load is quite large even for a quasi-utility. CNP's current dividend yield is 7% ($0.76/year). Company says it will earn $1/05-$1.15 in 2009. It's hard to see this when they reported $0.19/shares vs $0.36/share. What's your take? EKS