Just Energy Group Inc. (Canada) T.JE

Primary Symbol: JENGQ

Utilities Utilities - Diversified

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 by User

Just Energy Group Inc. (Canada)

Bullboard Posts

Comment by teshon Jul 18, 2012 12:42am

473 Views

Post# 20124421

RE: RE: RE: recent news..gwplant

I also like the quick response from JE (and I, too , have seen it before) plus their CFO is very responsive to calls/emails. My concern is that while confirming that the dividend is sustainable (and this may have a positive shortrun effect) they have not addressed the main points made by ARC (negative shareholders equity , excessive debt, payout ratio in excess of 200%). Until they do so I think that JE will remain undervalued and susceptible to this kind of volatility. I believe that they must find some way to explain in user friendly terms their negative shareholders equity and the rationale (i.e. why they feel it is appropriate) for their adjusted cash flow from operations.

Bullboard Posts

Paramount Resources signs $3.32 billion asset sale