Just Energy Group Inc. (Canada) T.JE

RE:Selling Assets and Cutting Dividend.....

[badguess]

JE has changed over the last few months, two major shareholders have taken an interest in how it is run and the senior management in control has just changed too. I think we will have a more conservative approach from here on. Prior to this round of reorganizing the assumptions were  too rosey and never achieved, now I think we can rely on the forecasts more but it will take a couple years to prove that trust is justified. 

I expect a a rocky ride for the rest of the year but dont plan on bailing out with a loss just yet.