This profile was last updated on .
Is this you? Claim your profile.
(8 Total References)
For Enel chief, no more Mr. Nice Guy? - Marketplace by Bloomberg - International Herald Tribune
"Big groups are being created throughout Europe, and without a certain critical mass Enel could eventually find itself the target of a bid," said Armando Iobbi, an analyst at Centrosim in Milan.He has a "buy" rating on Enel.
EDF buys into Italian power market
"Despite the high price of producing power in Italy, the market is very inviting because the margins for companies producing electricity are higher than in the rest of Europe," said Armando Iobbi, an analyst in Milan with Centrosim.
NEWS SNAP: Eni 4Q Profit Up 9% Amid Higher Gas, Power Sales
"The net figure was a big surprise," said Armando Iobbi at Centrosim in Milan.
Gruppo Hera - Investor Relations - Analysts
Welcome to Valbury
"One who buys Enel shares at EUR6.6 each, will make a 14% dividend yield (in 2005)," said Armando Iobbi, an analyst for Centrosim in Milan.The average yield from Italian utilities was just 3.5% in 2003, said Iobbi.Enel was the biggest returner of cash to shareholders, paying a yield of 5.6%.Iobbi said he expects the government's share placement to be priced at no more than a 2% discount to the market price.