capitulation?
Final= capitulation drop on 7 times volume on TSX ?
But only on 2 x vol in US ?( Canadians 3 times more panicky/ irrational ?)
On 5 Y and 2 Y ascending trendline support from 2009 and 2011 low ?
https://finance.yahoo.com/q/bc?s=JE&t=5y&l=on&z=l&q=l&c=
On no news?
On start of an EARLY, AND SEEMS LIKE LONG , heating season ?
( I don`t remember the last time heating home in Sep )
11.8% divy ?
in an envinronment of FED commiting ulimited funds to keep interest rates near zero at least till 2015 ?
And real yeld on short -to medium term gov bonds in US , EU below zero ?
34% below 2012 top and 3% above 2012 bottom ?
With NG price in slow but steady uptrend ?
In oversold territory
Dudes gone from this board - love that
Hmmm
Worth closer look
In above 12% yeld( dure to drop in USD the divy in US is $ 1.27 )
and jumping with both legs above 15% WOULD BE NICE ?
=====================\
ExecutiveChair Rebecca MacDonald SAID ALREADY A WHILE AGO
" Just Energy will be able to comfortably maintain its current $1.24 annual dividend for the foreseeable future. "
SHE AND INSIDERS HAVE SKIN IN THE GAME = OWN LOTSA SHARES
Shrinking payout ratio -= shall drop below 100% this Q
(Dropped 116% to 105% in first 2 Q 2012 )
Love when co gives me all the money they make and still can afford to found the growth
Like 143% NET cistomer aditions in last reported Q and rising profit margin
Q3 will include new ,initial profits ( and growing more later ) from opening new market in UK
( + 2 x bigger population and + 2 x higher NG price than in Canada + crisis = people more open to saving / hedging schemes )
.Debt is just right = 1/2 the cap .
If you have business generating 20% from oper. (steady too= secured by 5 Y lock-in contracts )
Than borrowing at say 6% and pocketing the difference - is a blessing and no brainer
Cash / savings at ZIR is trash .
.