BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[AES Corporation: Massive investment, massive cash flow generator]]>http://www.bloggingstocks.com/2007/05/31/aes-corporation-massive-investment-massive-cash-flow-generator/http://www.bloggingstocks.com/2007/05/31/aes-corporation-massive-investment-massive-cash-flow-generator/http://www.bloggingstocks.com/2007/05/31/aes-corporation-massive-investment-massive-cash-flow-generator/#commentsFiled under: , ,

Last Friday, The AES Corporation (NYSE: AES) held its quarterly conference call, where, for the first time, it provided guidance out to 2011. Earnings guidance proved a bit light but also very conservative.

AES identified 14,000 MW+ of projects in construction but only 4,000 MW are assumed in 2011 guidance. The power generator provided 2011 EPS guidance of $1.95, but if you add profits due to the completion of the bulk of these projects, investors should add $0.50 to to $1.00.

Apply a 15x P/E on $3.00 EPS, that is a $45 stock. Not too bad. The cash flow generation and the ability to finance the construction on new power generation projects around the globe is impressive. This is a must-own stock for those who want to profit from power generation projects being constructed in the world's emerging markets.

AES Corporation: Massive investment, massive cash flow generator originally appeared on BloggingStocks on Thu, 31 May 2007 09:43:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AESAES CorpAES CorporationAesCorpAesCorporationearningsguidanceThu, 31 May 2007 09:43:00 EST