Crius Energy Trust Tr Unit CRIUF

RE:RE:RE:RE:RE:RE:RE:i am supporting jcp

[deisman03]

I am not a professional in these matters by any means. Maybe someone here with more info or understanding of these buybacks can chime in. 

I would be surprised to see Crius management start buying back in until the unit price gets to the area they feel comfortable establishing it for the next year or until they've repurchased/canceled the units. 

I sincerely hope they don't increase the distribution and DO USE THE OFFSET of the repurchase to PAY DOWN DEBT. Debt is an insidious killer of corportations/trusts. 

I would like to see some decent longevity from this company. I would also like to see them grow their income into the pay out ratio at a better level. I can understand their concerns of a hostile takeover to grab their cash but there are ways to protect that as well. 

Cash is a GOOD THING for any company. It's great to have on hand in case of emergencies or when positive opportunities are presented. 

Just Energy went way overboard on their borrowing. Their management LIED on the mainstream media about what they were doing and how good their profit margins were. Look at them now. They were over $C12 at one time with twice the payout they have now. 

They could have kept that value by NOT increasing payouts and borrowing money to make the distribution payments. It almost bankrupted the company. Some of that management is still there. That's why I'm not. Their payout and unit price still reflect those issues. 

GLTA the good folks here.