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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

Comment by deisman03on Dec 07, 2018 1:01pm
122 Views
Post# 29083167

RE:big dividend cut imminent ?

RE:big dividend cut imminent ?
IMHO, with the one time cost of shutting down Solar, their earnings will be fine. 

At this point, that would just be another signal for the shorts to attack again. 

Distribution cuts, can and often do cut both ways. That's why Just Energy is at it's present price. They cut the distribution and the stock price never recovered anywhere near its $12+ highs.

IMHO a distribution cut would keep the price of thes units appx where they are now.

Investors in this type of venue require high percentage pay backs.

The reason we're where we are now is managment didn't do its homework when they bought Solar.

GLTA the good folks here 
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