Crius Energy Trust Tr Unit CRIUF

The Sell off

[charmed3timer]

I believe The selloff is related to the attrition.

They lost approx 14% of the customers.

Sure they had a net gain in customers, but how much of that is due to aquistion?

Can they continue to keep buying new customers to continue growing ?

Remember we lost our "debt free" status with the last aquistion and a bunch of new shares were issued.

For now, our distributions are safe, but we can't continue to have more than (approx) 7% of our customer base dropping out per quarter.

With the low payout ratio our distributions should stay safe, but if customers keep dropping off at this rate all our metrics will change unfavourably.

JMO

[Kisu]

Actually they had a net gain in customers but the losses were in the commercial sector which would use more power.  The 375,000 customers (RCE) that they gained from the purchase of US Gas and Electric do not appear to have been included as they claimed only the addition of 174,000 and loss of 147,000 customers (net 25,000 gain) for the quarter.  The deal also closed outside the quarter

[SirHumpsAlot]

They explicitly said that the 174K gain was via sales and marketing. They did not mention aquasitions of customers int his number.

[select555]

This post has been removed in accordance with Community Policy

[maypeters]

True. Though to be honest and you probably have seen the same in the past - when stocks get taken down so violently like this - they take time to recover.  Let us see how the next few days play out. 

[Sukhi19]

In situations like these one is reminded of Warren Buffet. Mostly it was fear as some people thought that legal matters may get out of hand. Quick pull back from $9.50 to $7.90 also smacks of manipulation; as it has been discussed before that low volume is susceptible to easy manipulation even by small players. Every morning some units were being bought by bidding higher than selling. $8.45 and $9

[Al42]

Well I had a feeling this would happen but not to this extent. I had a stink bid in yesterday for $8.25 a little more than 10% of the closing price day prior. Got filed and was very suprised. Not sure if I'm happy yet.

[Al42]

Little happier now that it's up 6% hoping it holds.

[select555]

This post has been removed in accordance with Community Policy

[SirHumpsAlot]

The company has been losing 90,000 customers per quarter anyway. They lost 140K this time. This is a very important metric but it must be looked at within a bigger context. They did increase thier custiomers by 25,000 as a direct results of sales and marketing which generated 172K new customers where as they typically only added an average of 113K per quarter. So the aquasition of new customers is

[select555]

This post has been removed in accordance with Community Policy

[Kisu]

What deal are you talking about?  US Gas and Electric purchase?

[maypeters]

Got brought down on low volume by someone who wanted out (or wanted to manipulate the price) - Stop losses got triggered - weak hands gave up and the only SMOAK in town is playing at first base with the Jays.  If you look at the volume on the takedown - it was not much. EFN got taken down mistaken for ENF and it still has not recovered. The market acts in weird ways but at some point of time