GREY:CRIUF - Post by User
Comment by
Sukhi19on Nov 13, 2017 10:03pm
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Post# 26956319
RE:Q3 Results 2016 vs Q3 2017
RE:Q3 Results 2016 vs Q3 2017These results were expected after seeing JE results. JE also had reduced EBIDTA.
If summer was mild, winter won't be.
EBIDTA is an imortant factor but should not be seen in isolation. Other factors like Pay out ratio, debt and management are some of the factors which are more important. Crius scores much better in these over JE.
Vagaries of weather get spread out over all four quarters.
All units coming out of lock in period will not go on sale. In case they do, it will go back to $6.43. I am sure, mangement will react before such a situaton arises.
Having said that we may see weakness in unit price for next few days which is normal.
Eventually the fundamentals will weigh in. They announced distr increase in second week of oct and at that point they would have had enough info about their Q3 earnings.
We may see further distr increases as pay out ratio is still one of the best.