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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 by User

Comment by teshon Sep 13, 2012 3:02pm
200 Views
Post# 20359007

RE: RE: RE: RE: RE: RE: RE: RE: RE: Rolling over a

RE: RE: RE: RE: RE: RE: RE: RE: RE: Rolling over a

I think it depends upon your strategy as an investor. If you believe:

1. The company you are investing in is solid even in potential bad times (e.g. proven during the last recession) and has a proven track of performing at or better than their guidance (and their guidance calls for growth)

2. You are taking a long term approach to the investment  (i.e. say 3 or more years).

3. You like to be paid to wait with sustainable (and perhaps growing) dividends at an attractive yield.

then you don't care what the next 12 months (or 6 months) holds.

Right now there are, some say, historically unprecedented conditions such as massive sovereign deficits and growing debts in the developed economies, an aging population with unstainable entitlement programs, recession in Eruope etc that, any one of which, could cause a significant correction the market including JE.

So the main reason that you might care if your investment strategy is as outlined above is to wait for further buying opportunities on dips. However, if  28K shares of JE represents a significant portion of your portfolio, I would be careful as to how much you are exposed to any one company no matter how good they appear.

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