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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 Jan 25, 2019 11:48pm
160 Views
Post# 29284324

RE:RE:RBC: Outperform rating with caution.....

RE:RE:RBC: Outperform rating with caution.....
Thank You. I asked the very question in my last post. If the cash flow so great, why charge dividend?
Weak margins, zero loyalty from customers, when cashflow, huge debt
Everything is weighing down on it, neat and clean back to back quarters will only save this. GLTA
Read more at https://www.stockhouse.com/companies/bullboard?symbol=t.kwh.un&postid=29284306#Obp36F4IRfYjzzzs.99

MrEvilx, I believe you are calling the situation as being more dire than it really is. 

This is of course IMHO. 

35000 customer equivalent is I believe the number. That means they lost some LOW MARGIN business, which they likely won't ever recover. They likely don't want to. 

They are going after residential customers because that's where the bigger profit margin is. 

Not sure how they're going to achieve that but???????

Other than electricity, their cost on the energy they resell is low. Debt is manageable as long as they don't try to make another acquisition. With the losing part of Solar gone cash won't be bled off. 

I do agree, right now they are cash poor. Q1, 2019 will be very telling. No, I'm not expecting a miracle to occur. However, I do expect to see some light at the end of the tunnel. 

GLTA the good folks here

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