Swap, You are producing some great posts regarding CNP. Couple of points: Equity in CNP at 30/6/2007 needs adjusting down because service business was valued on P/E of 20 times (way over the top). Also downward adjustments in both Aust/US assets. Rather than use CNP re earnings forecasts I have discounted them by 50% to allow for equity injection. Your logic is basically correct & unfortunately some major player probably could score a bargain. Would be please if you could contact me over at SS to exchange views. Appreciate your research & logic. Regards Buffett PS No advice given on CNP please do your own research if reading this post
CNP Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held