Monday, May 7, 2012

Seeking Alpha: AES Still Waiting For Stability To Translate Into Higher Multiples

Global utility company AES (AES) is still waiting to see some of the tangible benefits of its multiyear restructuring. AES has gotten a lot more realistic about its international growth plans, added the stability of a regulated utility, and sharpened its focus on generating (and distributing) cash flow instead of a growth-at-any-cost philosophy. Nevertheless, the shares have not exactly soared on this transition to the new AES.

Please read the full article here:
AES Still Waiting For Stability To Translate Into Higher Multiples

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