OTCPK:JENGQ - Post by User
Comment by
canoe92on Feb 13, 2015 9:52am
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Post# 23426080
RE:RE:RE:RE:RE:divident secure???????
RE:RE:RE:RE:RE:divident secure???????
The dividend was cut. That is history. Now look at the cash flow, and the payout ratio. Look at sales. Look at management changes. Look at JP investing.
It was poorly run, thats for sure, but it has the opportunity to grow into a major marketing organization that allows people to hedge their NG costs. Now that NG pricing has no where to go but up(as a result of oil being trashed, and associated gas being curtailed), the opportunity to market cheap gas is very attractive.
That is why JP is buying imo. He will take it over.