not sure what to think; it is all on the rumors the govt it...

not sure what to think; it is all on the rumors the govt it going to take the axe to the electricity industry; I dont buy into that; I think it will all be puff and show; and things will be very steady; the problem with electricity prices has actually been the chop and change - Rudd, Gillard, Rudd, Abbott, Turnbull, Morrison. Introduce Shorten, next, perhaps.

Govt needs ONE SCHEME long term, or just get hands off

so I bought today for long, long term holding; they project the earnings to be steady for at least the next year or so; people are punting on a cut to earnings after next year; I dont think the govt can legislate as 'we, the govt, screwed up policy for 5+ years, therefore we are going to force energy companies to take a loss to cover our screw ups'

I think things will be steady for years. So AGL, to me, is just a defensive, earnings play. I could be wrong, it has happened a few million times in the past.