GREY:CRIUF - Post by User
Comment by
Sukhi19on Sep 16, 2016 3:07pm
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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.