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To succeed in markets you have to buy things cheap and this is an opportunity to buy quality stocks cheap. if one has a ten year time frame from now on, he will be laughing at the valuations that the power stocks have as of today.
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In reply to : Santosh Nair message
5.02 PM May 31st
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Shares of power utilities may be available cheap, but be careful of what you are buying. According to brokerage house HSBC, a turnaround in the fortunes of the sector is still some way off.
An extract from the HSBC report on the power sector:
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10.44 AM May 18th
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