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Bullboard - Stock Discussion Forum Just Energy Group Inc. (Canada) JENGQ

Just Energy Group Inc is a retail energy provider specializing in electricity and natural gas commodities and bringing energy efficient solutions and renewable energy options to customers. Geographically, the company is operating in the United States and Canada, Just Energy serves residential and commercial customers.

OTCPK:JENGQ - Post Discussion

Just Energy Group Inc. (Canada) > March 25th Deadline from CCAA is coming
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Post by GaillardDeshaie on Mar 21, 2022 8:55pm

March 25th Deadline from CCAA is coming

Hi everyone from this board and probably you still as shareholders...How do you score on % about the survival for JE?  Or it will be merge?  Or something else?
Honestly, it is a real complex situation but I still believe this company will survive and will continue the daily operation and get back on positive EPS very soon, if not on ER Q4 of Fiscal Year ending March 31st, it might be on 23 FY Q1.  GLTA...Gaillard.
Comment by pjn0987654321 on Mar 22, 2022 8:19am
How it is now, 1%.  Reorganization where shareholders get very little, 74% Out of business and gone, 25%
Comment by SlickRick40 on Mar 22, 2022 10:06pm
Those probabilities seem accurate. Only idiots left who are playing in this one. Only idiots who bought it the past 15 years.
Comment by GaillardDeshaie on Mar 23, 2022 7:26am
Thanks PJN for your reply however on what information, criteria or intuition you did your answer? I'm just curious? Do you still have this stock?  Merci beaucoup    Gaillard.
Comment by pjn0987654321 on Mar 23, 2022 8:52am
I based my answer on intuition developed from about 12 years of investing.  Also, in the past, JE has done several reorganizations.  Another one would be very possible.  I was in the stock about 10 years ago and sold at a loss.  That may have been when they first cut the dividend.  As a poster here said, do not continue to hold a stock after a dividend cut because it ...more  
Comment by GaillardDeshaie on Mar 23, 2022 10:35am
Hi PJN, yes you are right about JE.  However since Mr. Gahn took over the CEO, he made a lots of positive changes and his team bring back this company on the track before the weather event, February 2021.  Also, they were very tranparent about what was going on and I believe he will be successful this time again without doing RS because on Nasdaq the SP are closed to $1.00 and if they ...more  
Comment by navajojoe on Mar 23, 2022 11:20am
This post has been removed in accordance with Community Policy
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