March 01, 2017


We feel like a SITTING DUCK on the markets.

EDN (ISIN: US29244A1025)

Empresa Distribuidora y Comercializadora Norte S.A. is a public service company. The Company is engaged in electricity distribution in Argentina.             

Market: NYSE

Gain over the quarter: +25 % 

Fair value: $ 35.50
Discount: 3%
Average yearly return: 47%
Yield: N/A

Political risk ?