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Crius Energy Trust Tr Unit CRIUF

"Crius Energy Trust through its subsidiaries is engaged in the sale of electricity and natural gas to residential and commercial customers under variable price and fixed-price contracts. The company, through its subsidiaries, also markets solar products to its existing customers as well as to new prospects. It provides retail electricity to its customers in the Connecticut, Delaware, District of Columbia, Illinois, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Ohio, Pennsy


GREY:CRIUF - Post by User

Post by marketsenseon Aug 13, 2018 12:28pm
187 Views
Post# 28450340

Relief Rally

Relief RallyResults were OK but their issues remain a problem.  Payout ratio needs improvement
and this after $20M in cost savings which will not be repeated.  Overall its better than 
market was anticipating and obviously shows how oversold KWH was thanks to the
shorts who tipped them down into the low $5's.  Where do we go from here is the big
question.  I hope they can maintain share price and build from here.  Getting rid of solar
would help them in so many ways IMO,  but they seem doggedly committed to keep it
despite it losing money every quarter.  I guess they're hoping for a miracle.  As a % of
their total revenue,  the solar loses are not huge but it just looks bad on their balance 
sheet when you are now  operating with a 100% payout.
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