GREY:CRIUF - Post by User
Comment by
deisman03on Dec 07, 2018 1:01pm
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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