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

To: rllee who wrote (33687)	3/2/2009 7:38:31 PM
From: Paul Senior	Read Replies (1) \| Respond to of 78665

Utilities: I am looking at Integrys. integrysgroup.com Many years of dividend increases. Lot of business in Chicago. That should maybe be okay. Has operations in Michagan also, which I find a negative (the apparent dying of the auto industry). Today an upgrade for TEG from some firm from sell to buy. I don't know if TEG is a high-quality company or not. Have you (or anybody else here) an opinion on this one? Looking for survivor utility companies with those same requirements/characteristics you are seeking.

To: rllee who wrote (33687)	3/2/2009 8:07:30 PM
From: Wallace Rivers	Respond to of 78665

I have D and PGN on my radar in this realm.

To: rllee who wrote (33687)	3/2/2009 9:14:23 PM
From: Steve Felix	Read Replies (1) \| Respond to of 78665

My utility stock of choice for the moment. At todays close, 2010 PE of 7.4 @ $3.60 eps. PPL - Last quarter eps .46 Dividend .34 Fools included them in this article: Will These 6 Stocks Cut Their Dividends? fool.com In the current environment anything is possible. Currently showing $2.90 in cash per share. From The Street report dated Feb. 5th: The company reaffirmed its FY09 earnings per share guidance of $1.60 to $1.90. PPL expects FY10 earnings per share of $3.60 to $4.20. From an S+P report seeing $3.70 eps in 2010: "For 2009, we expect EPS to decline nearly 15% from anticipated results in 2008....... However, we see a sharp rise in 2010 earnings as expired energy contracts are replaced by much higher-margin contracts." Zachs looking for $3.82 in 2010: zacks.com Current price $28.80. 52 week low $26.84.