GREY:CRIUF - Post by User
Comment by
deisman03on Dec 27, 2018 4:15pm
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Post# 29161247
RE:RE:Markets are tanking, there will be no upward momentum
RE:RE:Markets are tanking, there will be no upward momentum While I agree with most of what you print, I don't expect the next quarterly report to be all roses and sunshine. I do believe it will be slightly better than the previous quarter though and I also expect next year's first quarter to look better. There isn't a QUICK FIX for what's happened to the unit price.
The saving grace is they have steady revenues coming in at relatively level amounts each month.
IMHO, if management keeps their aquisition spending under reasonable control, things should become stable and the price should rise, albeit slowly.
As for the distributions???? They have to have a pretty good reason to cut. If they're paying their bills without having to borrow money and their payout ratio comes down to a decent level that allows money for growth and operational costs, they don't have any reason to cut.
Shorters rode that horse into the ground when they jumped on the excessive payout ratio. SOLAR was a FOOLISH INVESTMENT from day one. Then the litigation costs and settlements hit them hard. This created a window of opportunity for the shorts and they pounced on it.
GLTA the good folks here