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The Long Case For Companhia Energtica De Minas Gerais - CEMIG

|Includes: Companhia Energ├ętica de Minas Gerais (CIG)

Elevator Pitch

Good: Low P/E at 7.09, reasonable ROE at 12.09, low P/B at 0.49, government monopoly.

Bad: increasing debt, D part of the business had a loss, overall lowering earning

Bought at 2.18 on Dec 27 2016

Disclosure: I am/we are long CIG.