Quote Originally Posted by Snoopy View Post
This share should be valued over the long term on its ability to pay dividends only. The low ROE figure is not sufficient to be sure of growth given a ten year timeframe. The Warren Buffett style growth model won't fit as a result. Yet actually, there is something wrong with this analysis as I have presented it. It deserves a closer look. But that will have to wait until tomorrow!

SNOOPY
I didn't-regretfully-buy into MRP because I felt they were too exposed to a dry summer.
Have they overcome this problem with geothermal supplying base load and I presume hydro able to do some base plus act as peakers?.