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Bullboard - Stock Discussion Forum 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... see more

GREY:CRIUF - Post Discussion

Crius Energy Trust Tr Unit > Canaccord downgrade.....KWH is still a money making machine?
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Post by 1nguyenBozo on Jun 28, 2018 10:49pm

Canaccord downgrade.....KWH is still a money making machine?

Yes and No, it depends on Management and the next quarter will tell it all. Canaccord downgrade is definitely not a good news, that's why Shorts did take advantage of it. Panic sellers are all over the map and the end of the day they are always big losers. For those who came to KWH for fat dividends should pay more attention to Cash flow margin, pay out ratio and debt level instead of nonsense attacks. I always respect all analysts but they are wrong sometime..To be honest, I was frustrated and disappointed and start to have less confident on management because of:
-The NCIB is not working yet
-The get rid of Solar is not done yet
-The JCP did not live up their promise
I know management worked with a butt out in order to benefit shareholders but some time its tough to control the sp and the outcomes...
I only expect a better result in next quarter for this safe dividend. If, just a small if, Management have a guaranty dividend til the rest of the year and I, definitely go along and no worrisome regarding any Short or negative outcome.
Just be patient and keep collecting this nice dividend for now !
Good luck to all value investors!
Comment by Sukhi19 on Jun 28, 2018 11:56pm
Dowgrades have been happening for last one year. Blaming Canaccord won't be helpful. I have been harping on the point that "trend is your friend". Trend has been down...down...down. I did not follow my own advice. At some stage one has to take a decision whether to hang-on or not. We have been thinking that it was quite close to the bottom but today's price action has again ...more  
Comment by deisman03 on Jun 29, 2018 12:15am
They won't get enough money out of Solar to pay off what they paid for it.  I almost dived when they purchased Solar. My bad.  It was a political/emotion purchase at best. At worst it was bought to cover someone's butt.  The other issue is their recent court action, which was neither cheap nor successful.  Sukhi, like it or not ETHICS were LOW.  Lots ...more  
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