Crius Energy Trust Tr Unit CRIUF

Utilities Utilities - Diversified

"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

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Crius Energy Trust Tr Unit > Share Price Since May 2017 ?? WHAT HAPPEN ??

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Comment by Sadie222on Aug 29, 2018 2:21pm

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RE:RE:RE:RE:RE:Share Price Since May 2017 ?? WHAT HAPPEN ??

Of course they can have assets. Lots of them. They just cannot hold assets unrelated to their primary trust objective.

StocknerdEQcool wrote:

deisman03 wrote:
C'mon Scool because of the laws surrounding these trusts they aren't supposed to have a lot of tangible assets. They have to pay out a relatively high portion of their income, after expenses.

If they overpay, or borrow to heavily they get hit.

This management got to aggressive with acquiring other similar businesses and Solar, which appears to be a minor blip is a pus/festering sore. They have contractual obligations concerning maintenance etc and it constantly bleeds a significant portion of their available cash each month.

Management overplayed their hand is what it boils down to.

Lots of other little issues, most of them not a concern but combined?????????????

You are blind too, so stop misleading people about any such of "laws" aren't to have assets. National Bank is not financing Crius $140 million without some collateral in their hands. Sorry I also don't believe you are smart enough to own any stock of tangible assets.