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Just Energy Group Inc. (Canada) T.JE


Primary Symbol: JENGQ

Utilities Utilities - Diversified
Just Energy Group Inc is a retail energy provider specializing in electricity and natural gas commodities and bringing energy efficient solutions and renewable energy options to customers. Geographically, the company is operating in the United States and Canada, Just Energy serves residential and commercial customers.


OTCPK:JENGQ - Post by User

Just Energy Group Inc. (Canada) > Anyone buying this above zero is a fool
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Comment by Mining_Dudeon Aug 15, 2019 3:51pm
196 Views
Post# 30033539

RE:Anyone buying this above zero is a fool

RE:Anyone buying this above zero is a foolI assume you understand the difference between book value and market value right?
Also there were two recent comp transactions in the space that defined market value. And you have a strategic review triggered by at least one party interesting in transacting the assets.

kdog1ca wrote: Anyone buying this above zero is a fool.

Get out while you can.

They are minus $400,000,000 on the balance sheet. In other words, liquidate your assets and you're still $400 million short of paying your debts.

Holy cow... what a terrible business and management team.


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