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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 Sunnyboyon Jan 24, 2019 6:02pm
80 Views
Post# 29278373

RE:Resistance Point

RE:Resistance PointDeisman, I am with you. I hope they did what they did to improve the cash flow so that by the time they have to pay the distribution in June the payout will again be below 100%. As indicated they expect it to go down to 57%. I expect 2018 financial statement to be terrible but hope that Q4 will show significant improvement and that Q1 2019 will actually show a payout below 100%. If so I believe RBC’s one year target of $9.00 is a real possibility. This would be an 85% total return based on today’s SP of $5.30.

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