GREY:CRIUF - Post by User
Comment by
Sukhi19on Feb 26, 2018 10:32pm
78 Views
Post# 27625602
RE:Just dividend for investors....
RE:Just dividend for investors....I totally agree with your analysis. I also sold ALA, CPX, ENF and RNW to buy more of KWH.UN.
JE was trading at $4.96 before Q4 results.
Recovery in JE SP proves that there is nothing wrong with the sect.
It is a matter of time before the unit price recovers.
I am pinning my hopes on Q4 results as acquisitions should start fructifying.
Winter was also"less" severe as compared to 2012-2013 which should help the cause.
I have been buying below and around $9 for last three months and three distr payments have made quite a difference.
Management's priority list of acqusitions of smaller companies, NCIB, Paying down the debt and increasing distrs also makes sense.
Legal cases should also be close to resolution.
"NET POSTIVES" conclusion after Analyst day by Peter Hodson was accurate assessment of the future course of action.
In my view, management is astute and has all angles covered.