GREY:CRIUF - Post by User
Comment by
Sukhi19on Jun 20, 2018 8:09pm
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Post# 28202669
RE:RE:RE:RE:RE:RE:Dumping
RE:RE:RE:RE:RE:RE:Dumpingdeisman, ALA issued receipts at $31 which is a benchmark. Where ALA scores over Crius is in term of assets, diversity of business , operates both in Canada and USA and export of LNG starting in 2019. It is still trading close to 52 Week low. Dividend is relatively safe. I am done with buying of ALA and won't be adding over $27.
I can not trust Crius for safety of distr as lenders are slowly getting upper hand. They will say things like right-sizing the distr/realigning the business etc. etc. People have been dumping Crius mindlessly for quite some time. It is passing through tough times and nobody likes uncertainity.
I feel unit price had jumped too quickly to $11.32. If you compare KWH.UN with AQN's SP even $7 looks high.
With Trump in USA, nothing is safe, I am planning to start accumulating some cash as we seem to be heading towards rough weather.
JMHO.
Good luck.
Good luck.