Crius Energy Trust Tr Unit CRIUF

more volume than usual today

[deisman03]

More volume than usual today but price down??? Again, the last bids were at C$9.30 with some substantial orders. The reality is that very few units traded at the closing price. Maybe in the after hours market???? 

Ex distribution day is close so an increase in volume is to be expected, especially with tax balancing season coming up. Still, I did expect a positive day end price, especially with all of the positve hype this trust has been getting from the brokerages and analysts. 

Some people tell me they are jumping into oil producers. WHY????? There is more oil coming on stream over the next year than ever before in history. Unless they have a big Middle East War, the glut will get worse and crude/NG prices will not rise and may even drop. Still, for astute investors that know how to play the momentum swings there is quick, easy money to be made. 

GLTA the good people here. 

[Sukhi19]

Pullback to $7.90 had given an opportunity to lot of people to jump in. It would be hard for them to sit on profits (most difficult part of investing). It usually plls back before Ex-Div date. Just taking the distr is my strat for the moment. Fundamentals are still in place, legal expenses issue not withstanding.

[deisman03]

Sukhi, I value your opinion. I find just the opposite to be true and that the unit price increases as the ex distribution day approaches. It usually drops the day after record day and again after the distribution is paid out.  As for the units bough at $7.90, go back and have a look. Not that many units traded at the low. Most traded in the mid $8,50  range which is still a pretty

[Canuck11]

I believe the answer lies in the current volume; very thinly traded and will continue to move sideways or down until interest picks up. In the meantime, enjoy the dividend.

[novascotian2014]

IM Opinion, this Stock should hit $10.00 + by the end of Next Month.. with the Release of some More Good NEWS coming out in Oct 2017..People Know this is a Stock that's Going to Climb, so they Hesitate to Sell..

[deisman03]

At 75k-100+k the units aren't thinly traded. Those are actually pretty significant numbers.  I see from the level two quotes that they are being sold and bought in all manner of quantities.  A lot of this looks like portfolio balancing as being suggested by the broker/analysts on the business channels lately. Some of it may be coming from estates, some of it may be coming from many

[deisman03]

Tuesday is the last day to purchase and be on record for the 28th, ex distribution day. 

[littlem]

Ex dividend date is the 28th.....buy this stock on the 27th (Wednesday) to get the distribution. After that it's too late for this month. Don't get confused on record dates (not neccesary). Just know that on the ex-dividend date it is too late to get the dividend or distribution.

[deisman03]

We've been down this road before. I deal through Scotiabank and I have to purchase the stock two days before the ex distribution day. That would be the 26th, to be on record on the 28th.  It was three days up to last month but that changed recently.  To my knowledge it's the same with all Canadian brokerages. 

[yggdrasilll]

I deal with Questrade and as long as I buy the stock before the ex-div, I get the dividend or distribution. The ex-div is on the 28th: https://web.tmxmoney.com/dividends.php?qm_symbol=KWH.UN

[maypeters]

Do you even bother reading the news release for record date? Where did you get the 28'th as last record date for divvy? At least your info of buying 2 days before record date is correct and if you buy on 26 your record date is 28 which still makes it eligi for the divvy.

[maypeters]

Again stop spreading wrong info. Read the news release for correct record date. You do not have to be on record on ex distribution date.

[deisman03]

Direct from the Scotiabank site.  Crius Energy Trust Key Stats 52 Week Range $7.76 Nov 15     Today $11.32 May 08 Market Cap 542.1M Estimated Dividend  (Oct 16, 2017) 0.0670 Dividend Yield 8.4% Ex Dividend Date Sep 28, 2017 Shares Outstanding 56.94M P/E Ratio 0.00

[yggdrasilll]

You're getting confused between the record date and the ex-div date. The record date is AFTER the ex-div date. As Scotiabank tells you, the ex-div date is on the 28th of September. That means you will be on record as long as you buy before the 28th, and it will be paid to you on the 16th of October.  

[deisman03]

No, it means you have to be on record on the 28th of Sept to get the divi on Oct 16.  It also means you have to purchase those units two full trading days previously to the 28th, not including the 28

[yggdrasilll]

https://web.tmxmoney.com/article.php?newsid=7575450703580332&qm_symbol=KWH.UN   That is Crius's official announcement for distributions. Notice how the record date is September 30th, not Sep. 26th. That means Sep 27th is the last day to buy shares in order to be on record and receive the distribution.  

[maypeters]

this guy is quite the know all clown. Amazing that he is investing money in stocks. Oh well, a fool and his money are soon parted.