GREY:CRIUF - Post by User
Comment by
DonaldJon Jan 04, 2019 11:55am
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Post# 29186570
RE:RE:RE:RE:RE:Happy New Year!
RE:RE:RE:RE:RE:Happy New Year!ALA is not is the oil business. Never have been. Their issues were all due to fraud and misrepresenting facts.
One could say Crius is also guilty of misrepresentation regarding the solar business.
sotypical wrote: Glad you replied because yes that was an absurd example for sure >>>>
Icediesel wrote: That's not a great example as Alta Gas was hit with internal controversy with their ex-ceo and the macro events that took crude oil from 75 dollars a barrel to 44 dollars really pushed their SP downwards fast. They had little choice but to cut the dividend. Crius on the other hand has strong leadership, a solid business plan for growth and the utility sector does pretty well even in a recession. Therefore, I don't see it being cut, but I don't see them raising it either.