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Crius Energy Trust Tr Unit CRIUF

"Crius Energy Trust through its subsidiaries is engaged in the sale of electricity and natural gas to residential and commercial customers under variable price and fixed-price contracts. The company, through its subsidiaries, also markets solar products to its existing customers as well as to new prospects. It provides retail electricity to its customers in the Connecticut, Delaware, District of Columbia, Illinois, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Ohio, Pennsy


GREY:CRIUF - Post by User

Comment by Sukhi19on Sep 16, 2016 3:07pm
104 Views
Post# 25246178

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Bloomberg Interview

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Bloomberg Interviewdeisman, 
Analysts from big institutions like TD,CIBC, BMO and  RY do not follow small companies.
Whenever people see opportunities else where  they will take profits from thier $6.80 buys. It is very hard to sit on profits. Even we took profts over $9. I tried oil sect but have realized that Canadian oil companies will find it very hard to compete with middle east/US companies and with multiple dividend cuts, you can not expect much from them.
JE has also been dipping but it is holding today. I prefer KWH.UN but if JE does well, I feel good as both companies are in same sect.
I think we have to wait till Q1/17 results to see any material appreciation in unit price.
Traditionally Q2 results tend to be bad for JE and KWH.UN but I feel KWH.UN results were not that bad but people are impatient.
I am of the view that Crius's business is going through gestation period  and it is a young company.
But management is good.
In any case, we can always have our stop losses in place.
Best of luck.


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