Wednesday, March 30, 2011

Tokyo Electric (TKECF $5.8)

Fourth largest electric power company in the world.  The share of this company in Japanese electric market is approximately one-third.


According to Wiki, they generate 



  • Hydro: 160 / 8.521 million kW
  • Thermal (oil, coal, LN(P)G, geothermal): 26 / 36.995 million kW
  • Nuclear: 3 / 17.308 million kW
  • Wind: 1 / 0.001 million kW
  • Total: 190 / 62.825 million kW
If i do my math correctly, 27% of the power is from nuclear.  Fukushima I Nuclear Power Plant contribute  40% of the nuclear power.  That also means. That power plan count as 11% of entire Tokyo Electric's power generation capacity.

Stock price drop from normal level of $24 to today's $5.8.   Thats means 75% of the company's valuation evaporative due to this accident.  Is it too much?  Time will tell