Just to confirm. WPL is on a PE of a 15.18. That puts it as trading at about a -31% discount to what it normally does.
These are the times that investors dream of. When blue chips are down -30% and specs -60% plus.
I run a business in Berlin, Germany. Today, I got a new services order from a German solar manufacturer that ships automated machines to China. Our order book is full.
Everybody I do business with is busy. I can't for the life of me understand what US driven media, the S&P etc are all going on about it. Now, they are shifting a Euro crash attempt to early 2012.
In 2007/2008, it was hard but me and my customers survived. This year was challenging, if not flat but nothing like 2007/8.
I think all of the Euro noise will fizzle into dust, as reality simply doesn't match the headlines.
I wish all holders extended wealth, well into 2012.
Berlin, out! Aussie ex-pat to boot...
WPL Price at posting:
$31.10 Sentiment: Buy Disclosure: Held
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