GREY:CRIUF - Post by User
Comment by
deisman03on Mar 07, 2018 5:58pm
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Post# 27679169
RE:RE:RE:High yield dividend for value investors....
RE:RE:RE:High yield dividend for value investors.... From what I've been able to discern, Winter temps were higher than normal in the West but the Eastern State's and Canadian Province's, were slightly below normal. The don't sell as much NG in the East as the West from what I can tell but they do sell a lot of No2 home heating oil and electricity in the East. They Should have done well in the last half and maybe even the first quarter.
It all depends on how much they are paying to hedge the prices of the energy they sell which will dictate their profit margins.
The WHOLE ENERGY RETAIL sector, other than the anomally JE, is down by at least 10% from their 2017 highs. KWH.un has been treated badly by the promoters because it is small in comparison to others and isn't as liquid.
It has a lot to do with the ebb and flow of funds within the markets. I see one of the Steel producers is starting up another furnace, which has been idle for several years. This sort of thing bodes well for companies like Crius as the bigger energy retailers will be pursuing the bigger consumers. That will leave a lot of opportunities for Crius to step up to in a competitive/profitable manner.