Comments on: “Utilities in China and Australia with Good Yields” Peter Schiff http://www.stockgumshoe.com/2009/09/utilities-in-china-and-australia-with-good-yields-peter-schiff.html Frustrated or intrigued by email teasers from investment newsletters and advisers? We solve them and track their performance here ... so stick around, participate and subscribe (it's free)! Thu, 18 Mar 2010 12:24:09 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Marianne Toedtman http://www.stockgumshoe.com/2009/09/utilities-in-china-and-australia-with-good-yields-peter-schiff.html/comment-page-1#comment-10969 Marianne Toedtman Wed, 14 Oct 2009 08:36:56 +0000 http://www.stockgumshoe.com/?p=1759#comment-10969 Sounds like you got the right information. Sounds like you got the right information.

]]> By: thealbatross http://www.stockgumshoe.com/2009/09/utilities-in-china-and-australia-with-good-yields-peter-schiff.html/comment-page-1#comment-10757 thealbatross Sun, 27 Sep 2009 04:31:28 +0000 http://www.stockgumshoe.com/?p=1759#comment-10757 Just a potential "trip hazard" about investing in Electricity Distribution Companies. In February, 2009, the Victorian Black Saturday Fires raged through Victoria, claiming the lives of 173 prople + injuring many more. Just after the fires, it was claimed that fallen power lines most likely caused of some of the most serious fires from sparks. A class action was launched against the power suppliers. I have not followed up on the current situation - but - as the entire Australian Eastern Seaboard has forecasts for a more severe weather conditions this coming fire-season, there may be a significant risk for this type of investment. Lawsuit Source: http://www.wsws.org/articles/2009/feb2009/fire-f16.shtml Forecast excerpt, dated 15th September, 2009: <b><i>"Top bushfire experts have warned of a "particularly bad" risk this summer - worse than the risk was last season, when 173 people died in Victorian blazes." "The states most at risk for the coming season are Victoria, NSW and South Australia." "This is the highest risk we've seen; this is particularly bad," said Gary Morgan, chief executive of the Bushfire Cooperative Research Centre (CRC)." "Bushfires hit the NSW south coast this August and September - an unusually early start." "Protracted drought plus forecasts of a hot spring, partly due to a building El Nino weather pattern, are behind the grim bushfire forecast. It was issued on Monday by the CRC."</b></i> Source: http://www.sbs.com.au/news/article/1090747/Bad-bushfire-season-is-coming:-experts Just a potential “trip hazard” about investing in Electricity Distribution Companies.

In February, 2009, the Victorian Black Saturday Fires raged through Victoria, claiming the lives of 173 prople + injuring many more.

Just after the fires, it was claimed that fallen power lines most likely caused of some of the most serious fires from sparks.

A class action was launched against the power suppliers.

I have not followed up on the current situation – but – as the entire Australian Eastern Seaboard has forecasts for a more severe weather conditions this coming fire-season, there may be a significant risk for this type of investment.

Lawsuit Source: http://www.wsws.org/articles/2009/feb2009/fire-f16.shtml

Forecast excerpt, dated 15th September, 2009:

“Top bushfire experts have warned of a “particularly bad” risk this summer – worse than the risk was last season, when 173 people died in Victorian blazes.”

“The states most at risk for the coming season are Victoria, NSW and South Australia.”

“This is the highest risk we’ve seen; this is particularly bad,” said Gary Morgan, chief executive of the Bushfire Cooperative Research Centre (CRC).”

“Bushfires hit the NSW south coast this August and September – an unusually early start.”

“Protracted drought plus forecasts of a hot spring, partly due to a building El Nino weather pattern, are behind the grim bushfire forecast. It was issued on Monday by the CRC.”

Source: http://www.sbs.com.au/news/article/1090747/Bad-bushfire-season-is-coming:-experts

]]> By: StockGumshoe http://www.stockgumshoe.com/2009/09/utilities-in-china-and-australia-with-good-yields-peter-schiff.html/comment-page-1#comment-10745 StockGumshoe Fri, 25 Sep 2009 15:56:57 +0000 http://www.stockgumshoe.com/?p=1759#comment-10745 He has recommended Duet Group before, but it's not an electrical utility (or at least, not primarily) -- they mostly do gas transmission and pipelines, it doesn't really match any of the other clues as far as I can tell. This is where I wrote about his earlier recommendation of Duet: http://www.stockgumshoe.com/2009/02/one-of-peter-schiffs-top-picks-for-2009.html He has recommended Duet Group before, but it’s not an electrical utility (or at least, not primarily) — they mostly do gas transmission and pipelines, it doesn’t really match any of the other clues as far as I can tell.

This is where I wrote about his earlier recommendation of Duet:

http://www.stockgumshoe.com/2009/02/one-of-peter-schiffs-top-picks-for-2009.html

]]> By: Alpha http://www.stockgumshoe.com/2009/09/utilities-in-china-and-australia-with-good-yields-peter-schiff.html/comment-page-1#comment-10744 Alpha Fri, 25 Sep 2009 14:40:59 +0000 http://www.stockgumshoe.com/?p=1759#comment-10744 think ur second guess is wrong, should be due.ax, with 14% yield. this is not the first time he recommended this stock. think ur second guess is wrong, should be due.ax, with 14% yield. this is not the first time he recommended this stock.

]]> By: slam608 http://www.stockgumshoe.com/2009/09/utilities-in-china-and-australia-with-good-yields-peter-schiff.html/comment-page-1#comment-10716 slam608 Wed, 23 Sep 2009 17:23:35 +0000 http://www.stockgumshoe.com/?p=1759#comment-10716 Schiff is a small govt Libertarian not a crypto-marxist (but stuffing his own pockets and helping to cause housing bubble ...can you say Anglo Mozello's BFF?) like Dodd. Schiff is a small govt Libertarian not a crypto-marxist (but stuffing his own pockets and helping to cause housing bubble …can you say Anglo Mozello’s BFF?) like Dodd.

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