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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 > Nice time ahead.
View:
Post by louisguy on Jul 02, 2018 11:59am

Nice time ahead.

DISNAT has been elected to execute the NICB.
Last friday "disnat" was the trader which have bought the largest quantity of shares (38100).
Don't forget the company with this NICB may buy more than 4 millions shares.
May be, this is the beginning for the share price to go up. GLTA.
Comment by marketsense on Jul 02, 2018 6:21pm
Thank you louis.  This is very pertinant information.  We have the house and now some buying by the company.  Hopefully this the light at the end of the tunnel that holders have been waiting for.
Comment by deisman03 on Jul 02, 2018 7:01pm
I don't care how cheap they get them. Canceling them out will be the catalyst to turning this waterfall around.  GLTA the good folks here
Comment by MrEvilx on Jul 02, 2018 11:47pm
I think ONLY if they have enough cash to keep buying through NCIB. They might be able to stop the carnage caused by shorters and the perpetrators of Hindenburg attack. Now, should that cash be used to pay off some debt ? Improve the balance sheet thereby automatically helping the stock price. I am long, although reducing the exposure, I would like to see them pay off some debt or at least take ...more  
Comment by deisman03 on Jul 03, 2018 1:30am
According to their perspectus, they have enough cash flow to pay their debts and the distribution.  One of the dissenting investors offered to purchase $3 million worth of units to help.  $3 million is a drop in the bucket and may have already been spent.  If the perspectus is accurate, then there is inherent value in the units. They will very likely get picked up. IMHO ...more  
Comment by deisman03 on Jul 03, 2018 6:56am
Paying down the debt right now would be counterproductive until they can get the dillution down by cancelling out units.  Getting rid of SOLAR would be their biggest coup. That was a FOOLISH purchase from the beginning. It has done nothing but bleed money every month out of this company.  They have enough cash flow to pay the debt costs.  Now it's time to STOP THE ...more  
Comment by marketsense on Jul 03, 2018 10:42am
The solar division is a difficult problem for them to solve IMO.  While getting rid of it is  desirable,  how do you sell a losing division that nobody else wants?  They can't even give  it away.  I'm not an accountant but they must be able to write off some of their losses to mitigate the full effect and carry forward those losses each year until their ...more  
Comment by deisman03 on Jul 03, 2018 11:42am
Or they could just walk away, take the hit and stop the bleeding