## Blogs I follow

21 hours ago
• - A couple of years ago, I shared with you that I am increasing my fixed income allocation by buying individual bonds, CD’s and bond funds. I made some calls...
1 day ago
• - *What is Bitconnect ? * 'Bitconnect is an open source, peer-to-peer, community driven decentralized cryptocurrency that allows people to store and inves...
2 days ago
• - Save, invest, prosper with My Own Advisor. Back-to-school so back to the bank? September is around the corner and that means back-to-school shopping seas...
2 days ago
• - Welcome to July 2017's business income report where I show you how I made money online last month. It's time to look at this month's update and see how I...
3 days ago
• - One of my first tasks as a new mom is setting up an account to save and invest for my daughter’s post-secondary education. When I attended university, I ...
4 days ago
• - Its time for me to post dividend income earned from my portfolios: DRIP, DIP, & Roth. I enjoy sharing them as these passive dividend income provides me gre...
6 days ago
• - GYFG here checking in for the June monthly financial report. If you have been reading these reports for a while you will notice that I have the same intr...
6 days ago
• - It's a rainy day in the outskirts of Koblenz, Germany and I finally have time to crank out the latest monthly financial update. It's 60 degrees and drizzli...
1 week ago
• - Since our family began investing in dividend stocks approximately two and a half years ago, I've been keeping a personal log of what other dividend blogge...
5 weeks ago
• - Hey everyone! I know it’s been a while since my last post but I would like to write a quick update on what I have been up to lately. For the last 3 weeks...
1 month ago
• - April is financial literacy month. But I don't think I have anything new to teach you. That's sort of why I've stopped writing, I felt like I was preaching...
4 months ago
• - It has been quite a while since I posted last. So much going on, and just so little time. Lit’s of things have been happening. My daughter has won many bea...
7 months ago
• - Hi everyone, I hope everyone had a great week! I'm ready to spend the weekend relaxing and maybe catching a movie with the wife. As far as an update, I h...
1 year ago
• - It wasn’t all that long ago that retirees could count on decent yields from stable, fixed-income investments. Ten years ago, it was easy to find 5% yield...
1 year ago
• - Stock stalking is a weird hobby. In general I do not "follow" any particular investor's activities. However, there are a couple that I have followed of so...
1 year ago
• - Two Purchases for January 2016 (Amgen and 3M) During the month, I made another purchase of Amgen (AMGN). It seemed to be a good time to buy and it starts ...
1 year ago
• - I find myself in a position to make a deal with the devil that could substantially increase my annual day job salary starting in 2016. More cash means mo...
1 year ago
• - Well, here comes my second sell. This one was a long time coming, and I held on far too long. *On 4/7/15, I sold 34 shares of CAG for $38.14 per share. Thi... 2 years ago • - Para fazer intraday, além da análise técnica, podemos e devemos tomar atenção ao calendário económico e de preferência ao minuto, aqui vamos seguir todas a... 2 years ago ## Thursday, November 13, 2014 ### EDP Renovaveis - Quoted in Euronext Company information EDP Renovaveis (EDPR) is the world leader in the renewable energy sector. For more information, you can visit the Company website, Finance Yahoo or Euronext website Its activity is developed mainly in Europe (60% of revenue) and in the North America (38% of revenue). It operates in a very regulated market, so every possible gains can be strongly affected by the politics decisions in countries where it has business. It's mais shareholder is EDP, and EDPR is a spin-off this last company, by regulatory obligations. Shares The company issued 872.308.162 stocks and the price is about 5.15€, which corresponds to a market capitalization of almost 4.500M€ (or$5.600M converted now)

Free foat is very short, just about 19% of all shares.

I will now make a quantitative analysis  of this stock.

2014 numbers

Now, the numbers (the values for 2014 are my predictions):

Revenue (2014) : 1.238.400.000€ (or 1.42€ per share ; CARG +6.9% last 4 years)
Book-Value (2014) : 7.05€ (CARG +2.8% last 4 years)
EPS (2014) : 0.09€ (CARG -5.1% last 4 years)
ROE (2014) : 1.2%

All that said, this is a very hard stock to study.
For me, it is overvalueded but that can change dramatically if ROE increases.

Dividends

This company dividends has been 0.04€ both 2013 and 2014, the only years that have been a dividend payment. Yield is around 0.8%, at today price.

My opinion

My numbers gives these streategies:

Bargain value : 3.45€
Good value : 3.75€
ROE 2% : 4.84€
ROE 3% : 5.95€

As I write, stock is quoted at 5.15€, so it has lots of risks investing now. I woudn't do it.