GREY:CRIUF - Post by User
Comment by
deisman03on Nov 22, 2018 2:40am
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Post# 29008438
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:goldman still selling
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:goldman still selling That could easily happen but you forget, they have to change their business type if they do that. As and income trust, they have to pay out a specified ratio of cash flow.
They have INCREASED cash flow.
They made a serious mistake when they bought Solar. From what I see, they're still reluctant to get rid of all of it. Likely, their new director and his bosses are fixing that.
They have ONE TIME NEGATIVE legal costs on top of the constant Solar bleeding. That was included in the last statement.
Just Energy had to change their model of business as well, away from being an income trust.
If handled properly, Crius could easily turn into a cash cow again.
I don't like the major waterfalls any more than anyone else. I was worried our price was rising to quickly and said so. I believe the price got ahead of what the market believes its value is.
Still, I'm not the only person who was surprised by the pullbacks depth.
I suggest that as soon as you break even, you dive. You can't handle volatility and income trusts are often volatile.
GLTA the good folks here