GREY:CRIUF - Post by User
Comment by
predawnon Nov 15, 2018 10:34am
133 Views
Post# 28979560
RE:RE:RE:RE:RE:Big talkers not buying
RE:RE:RE:RE:RE:Big talkers not buyingyou obviously did not read the report? the sell down to day made no sense and so far is based on 358000 shares;; the bid nd askes are like 200 300 100 If u try and sell in this fastion say 10000 shares you will get ate alive and people are:
READ this PART;
Normalizing for these impacts, the Distributable Cash and Payout Ratio for the last twelve months were $42.1 million and 86.7%, respectively.
everyone should read and understand the report ;Going forward with the money losing obsticales out of the way we are back to normal and next quarter will be jusst fine
another thing that cost us large is now gone also; Gross margins in the quarter were negatively impacted by our municipal aggregation portfolio, which Crius intends to run-off and/or divest, as regulatory changes resulted in significant incremental wholesale cost factors in New Jersey and Massachusetts, namely Regional Transmission Expansion Plan (RTEP) and Renewable Portfolio Standards (RPS) costs, which the Company was not able to fully pass through to customers as a result of how the customer contracts are structured. These regulatory changes impacted expected gross margin by negative $4.4 million in the quarter, and negatively impacted electric gross margins per unit by $1.32 per MWh. The key here is going forwatrd
lashing wrote: Its not a mixed report. Its a terrible report. Profit is down, customer base is down, debt is up, cash on hand is near nil
Why didnt you sell yesterday if these result dont surprise you? My guess is like me, you fell for the head fake and expected much better results.