BloggingStocks

Bet on Brazilian utilities for income and growth

Steven Halpern — Mon, 17 Aug 2009 14:00:00 EST

Filed under: International Markets, Brazil, Newsletters, Stocks to Buy

"Several global utilities offer excellent growth potential while throwing off moderate income," says Stephen Leeb in Income Performance Letter. Here's a look at a pair of Brazilian utilities.

"We particularly favor two companies in Brazil. The economy appears to be on the mend from the global financial crisis and should be expanding at a 5% pace again by 2010.

"Brazil's prosperity is translating into greater consumption of electricity and water. Two major beneficiaries are our Growth & Income holdings CPFL Energia (NYSE: CPL) and Companhia de Saneamento Basico do Estado de Sao Paulo (NYSE: SBS), known as SABESP for short.

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Brazil's SABESP demonstrates that water always has a market

Joseph Lazzaro — Fri, 18 Jan 2008 16:20:00 EST

Filed under: International Markets, Brazil, Commodities, Stocks to Buy

Readers of this space know that the investment thesis offered here favors large-cap companies with demonstrated business models and who have a competitive advantage in established markets, preferably with a favorable global trend as a support. And along this line, Companhia de Saneamento Basico do Estado de Sao Paolo, or SABESP, is worth an evaluation.

SABESP (NYSE: SBS) is Brazil's largest water company, serving 22.7 million people. SBS provides water via about 6.6 million connections. The company also offers sewage services through about 4.8 million connections and more than 400 treatment plants. The state of Brazil owns a 50.3% stake in SBS.

Analysts really like SBS's leadership position in Sao Paulo water services, and customer growth prospects: the company aims to increase its customer base by 2 million during 2007-2010. Further, Brazil's solid economic growth provides an added macroeconomic tailwind. The Reuters F2007/F2008 EPS consensus estimates for SBS are $4.76/$4.96.

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Brazil's SABESP demonstrates that water always has a market originally appeared on BloggingStocks on Fri, 18 Jan 2008 16:20:00 EST. Please see our terms for use of feeds.

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Documentary release: 'Google - Behind the Screen'

Howard Tsung — Fri, 14 Jul 2006 17:19:00 EST

Filed under: Rumors, Industry, Television, Internet, Blogs, Google (GOOG)

With Google constantly the topic of talk, it comes as no surprise that Dutch film makers set about to create a documentary of the anomaly that is Google.

The result is "Google - Behind the Screen", produced with the support of Australian broadcaster SBS and aired in Australia, the documentary captures interviews with various mid to high level executives from Google and delves into the ethos within the company.

On this blog alone, we have struggled to define where Google and its policy of "don't be Evil" truly stand in the ensuing Digital Age of Information.

Lifehacker posts a brief video clip and discussion on the exploration of privacy and Google by the filmmakers.

While not groundbreaking with regards to uncovering or nailing down any definitive positions, it is a nice look at Google and many of the cheeky cliches and uncomfortable controversies surrounding Google.

Documentary release: 'Google - Behind the Screen' originally appeared on BloggingStocks on Fri, 14 Jul 2006 17:19:00 EST. Please see our terms for use of feeds.

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