Quote Originally Posted by Firn View Post
P.S: I did buy a considerable amount of E.ON stock today as I think the value is still good and that price was certainly attractive.
It's tough to go against the grain, buy when everybody is scared, but that is also a time when I do best. Good luck.

I do have some questions for you, if you are up for it. I'll outline my process and would appreciate any tips that you are willing to share?

Data gathering seems to be just about as important as analysis for making profitable decisions. Free is always good and so I regularly use sites such as Marketwatch (http://www.marketwatch.com/investing...countrycode=XE ), Finanzen.ch (http://www.finanzen.ch/aktien/E.ON-Aktie ), Yahoo Finance ( http://finance.yahoo.com/q?s=EONGY&ql=1 ), Google Finance ( http://www.google.com/finance?q=eong...Mi7DsHXqAGnjAE ), Seeking Alpha ( http://seekingalpha.com/symbol/eongy.pk ) and of course the company website (http://www.eon.com/en/investors.html ). Paid and unpaid newspaper subscriptions help with the macro background and trade newspapers and magazines help to further zoom in. Next, I am aware of and sometimes use, paid providers such as the Economist Intelligence Unit and Moody's Investors Service to further zero in on important nuances. In my mind a Bloomberg terminal would be the pinnacle of data gathering capability, but I have never used one (renting is pricey) so perhaps I am being captured by the hype.

As to EON analysis, I have not done any homework but, I have read that ~35 percent of Euro energy comes from renewables and this figure is set to rise significantly over the next couple of decades. Geopolitics are very tough, and I suspect this is part of what is driving this significant effort towards self supplying energy via renewables. Fortunately debt is cheap at this time and EON appears to be able to sustain it's 35 billion Euro debt (or so) and I note that it has ~150 billion Euro in assets. Tangible book value per share is 7.76 Euro today, today's price at the moment is 14.27 Euro, the 52 week low is 14.05 Euro, around 14.3 million shares have changed hands today, and approximately 75,000 employees generated ~140 billion Euros in revenue last year. I have not compared these numbers with the typical utility in German or outside of Germany (such as EDF in France). Out of 38 analysts covering the stock, 13 say buy (I usually ignore these recommendations).

What can I do better?