OTCPK:JENGQ - Post by User
Comment by
truestaron Dec 13, 2014 2:47pm
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Post# 23227710
RE:RE:seeking alpaha
RE:RE:seeking alpaha I dont necessarily agree with that analysis especially when you take a look at what happened to the price of oil and the inherent value of the reserves, whereas JE only has a guaranteed margin on 4 Mln RCEs that is not dependent upon the price of oil, natural gas or electricity, it only sells the spread, which is basically guaranteed with the exception of the risk to weather which we saw last winter with the Polar Vortex which I assume they are overprotected for this year. When every oil stock tanked from 50-75% JEs divy looks pretty good although the SP did suffer a slight fall of 12% or so dragged down with everything else due to oilès collapse