GREY:CRIUF - Post by User
Comment by
MrEvilxon Jun 14, 2018 12:52pm
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Post# 28172720
RE:RE:RE:RE:RE:RE:Shorts....shorts......shorts...?
RE:RE:RE:RE:RE:RE:Shorts....shorts......shorts...?Honestly speaking... i think its combination all these things and more ..
- there are lots of nice and stable companies in the market right now at very attractive price. many real utility companies with assets.
- Crius actually only had a name number and address book of people, they dont have any assets. they generate good cashflow, but they dont own anything real
- after all the negativity generated by shorts about crius, many people burnt their hands and sold at loss, the sour taste in their mouth will not go away easily
- high divvy scares general population, they dont even look at payout ratio to see if its covered.. with crius its covered, but 11% is a number that scares away lot of people.
- NCIB attempt was weak, not sure if more coming or not.
Shorts are looking at all these things and keeping it down as long as they could. I think probably a news about selling off solar will help this, otherwise we will have to wait for better Q results to bring back buyers.
I am not expecting any T.O. news or any one entity interested in keeping the price down for any alternative motive..
BTW, why do you expect divvy cut in 2019 ? if they keep generating good cash flow just like today there is no need to divvy cut.. no ? 11% is just for the buyer today ... for crius is the same amount per share regardless of price of share ...no ?
GLTA