Just Energy Group Inc. (Canada) JENGQ

Question...How can JE grow sales ?

[inves20]

With NG trading at $2, why would anyone lock into a long term contract this year with JE, when utility prices are coming off. There is just no incentive for consumers to believe that they need protection currently.<br /> When consumers see the price increasing month after month, it is an easy sell.<br /> I think that Just Energy is way over priced and at some point when the billionaires have exhuasted their money or hit hard times in their other ventures, there will be no belief by the market that a buy out offer is impending and that will mean that the investment houses will not see any upside and put a sell rating on it.<br /> JE can make money off of the current portfolio of clients getting fleeced, but that will result in attrition at re-newal times.<br /> The JPG are not making much money in coal terminals, forestry, fruit juice or publishing, RJ is old and heirs may not like what the old guy has over-invested in.<br /> Sometimes following billionaires into a hurricane is not wise because they are in on a yacht and you are on a rowboat.<br /> <br /> <br />