Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > doing a crash a burn here.
View:
Post by Mickey2 on Jul 16, 2018 2:45pm

doing a crash a burn here.

Let see where we can pick some up....falling knife...gotta be careful here.
looking for a gap on intraday chart..perhaps thats my signal
Comment by SirHumpsAlot on Jul 16, 2018 2:46pm
Incredible. The company bought back over 300000 shares. Insiders have been buying. And the stock tanks.
Comment by MrEvilx on Jul 16, 2018 2:51pm
company wants to buyback stocks cheap.... I am joking..
Comment by Al42 on Jul 16, 2018 2:54pm
Looks like people running for the hills. Oh well too late now have to hold and see what happens
Comment by SirHumpsAlot on Jul 16, 2018 2:55pm
I just checked the short data on the stock..... Either it is not reporting or there are no short positions on this stock. Seems odd to not have any shorts given the market activity. Perhaps stop losses are being triggered along with people gettign nervouse and selling. I originally started buying this stock around $4 when everyone was selling a few years back. I wonder if this will be a repeat ...more  
Comment by Al42 on Jul 16, 2018 3:03pm
Some 300,000 short as of the end of june $KWH-UN.TO CRIUS ENERGY TRUST UNITS 286,007 13,610 30 Jun 2018 $KWH-UN.TO CRIUS ENERGY TRUST UNITS 272,397 5,886 15 Jun 2018 $KWH-UN.TO CRIUS ENERGY TRUST UNITS 266,511 -35,727 31 May 2018 $KWH-UN.TO  ...more  
Comment by SirHumpsAlot on Jul 16, 2018 3:19pm
so is this perhaps a short attack?
Comment by MrEvilx on Jul 16, 2018 3:21pm
the difference between then and now was... Crius did not have the debt of today, no solar unit (which is draining cash) .. but then markets are cyclical, not saying what you expect will not happen, but.. old crius and new crius are way different, and newer one is worse than older. 
Comment by deisman03 on Jul 16, 2018 3:41pm
I just got off the phone with Kelly Castledin from Crius Investor Relations. She returned my previous call.  I was polite but staunch in asking for information.  When I asked what they were going to do about the falling price, her reply was Crius has no control over the market.  She claims that the financials are good and that they have enough cash flow to pay the ...more  
Comment by SirHumpsAlot on Jul 16, 2018 3:51pm
The drop immidiatly after the financials was understandable. There are a few probems... 1) Solar 2) Customer attrition 3) Pending litigation settlements That said, the solar can be sold or halted. I am not overly concerned with it. Customer attrition is expected to be higher with the massive recent aquasitions. When you buy such a large volume of customers you can not reasonable expect them all ...more  
Comment by Sadie222 on Jul 16, 2018 4:48pm
They do have some influence over SP, if not control. They could be more enthusiastic about the NCIB program, for one. They could be more timely about their reporting of insider buys. Little things can matter. No news isn’t always good news to the market.
Comment by Sunnyboy on Jul 16, 2018 5:45pm
Hi Deisman, Did you ask about the all important payout ratio for Q2? Again to RBC Direct Investment management indicated that the Payout ratio for the total of 2018 is expected to be about 80% and payout ratio for 2019 is expected to be about 57%......
Comment by deisman03 on Jul 16, 2018 6:04pm
C'mon Sb, I suspect that you know as well as I do that wouldn't be legal for them to disclose unless it's in a public announcement as a special release????  You have as much information as I do. Get realistic.  GLTA the good folks here. 
Comment by Sunnyboy on Jul 16, 2018 6:33pm
LOL getting a little antsy? The only all revealing thing will be the Q2 payout ratio. All other is just Bla Bla Bla.
Comment by deisman03 on Jul 16, 2018 6:42pm
Not antsy enough to expect illegal insider information. How about you????  Have you called them? Emailed them???? Bla Bla Bla??????  I hope Ms Castledine is as honest as she claims to be.  There is a manager at Just Energy by the name of Debra Merril that took the brunt of the goings on there when that trusts price tanked. She stuck by the Manager all the way.  ...more  
Comment by StocknerdEQcool on Jul 16, 2018 7:33pm
deisman,  if you had done your due diligence a few week ago perhaps you should have seen this drop coming. Canaccord would not have cut the target price of  KWH for no apparent reason, Sukhi also would not have sold all his shares without careful consideration of the present situation with this trust. d·j vu to your beautiful encounter with JE 's Debra. By the way, Q2 ...more  
Comment by deisman03 on Jul 17, 2018 3:10am
Wouldn't be the first time Cannacord tried to take down a viable company. Take a look at their share price. Not exactly at all time highs. 
Comment by AAJJRR on Jul 16, 2018 7:33pm
Ouch!!! Good folks indeed????? Desi I feel your pain, though fortunately not nearly as much, unless of course you're a multi millionaire then probably more. Seriously I do appreciate your diligence regarding communications with the head office. If this ends up being a uboat heading to the bottom god help us all, (ghua)!!! ps. ice cream and beer will help with the bruising. 
Comment by Sadie222 on Jul 16, 2018 8:36pm
If that was her job, and she did it well, it should not haunt her. It could actually work in her favour.
Comment by deisman03 on Jul 16, 2018 9:54pm
It hasn't though. No other job offers and not a single promotion since it happened. Same goes for her boss Rebecca McDonald. 
Comment by Sadie222 on Jul 17, 2018 11:31am
No promotion? So, she’s still working there? So’s her boss? There may be nowhere to promote them to at the moment. That is perfectly normal. No job offers? Is she actually looking, or are offers supposed to drop in her lap from a job tree somewhere? I fail to see any news value here. Sounds totally normal.
Comment by deisman03 on Jul 17, 2018 1:12pm
That sounds good if you say it fast. They're on the payroll without any real position.  I suspect it may have been part of the deal when the two billionaires bought in.  I believe they are considered to be paid consultants. I've heard they've both looked elswhere but it's a no go.  Crius took on a manager from JE last year. Things started to go downhill very ...more  
Comment by Sadie222 on Jul 16, 2018 8:33pm
They might have a problem, then. Saying solar is going to a contractor has not been publicly released afaik. That they were looking has been, but not that they had found someone, or where they were looking even.
Comment by deisman03 on Jul 16, 2018 9:52pm
I suspect they're still looking and my abbreviated report made it sound like they've found someone. I would be surprised if they could find anyone to take that daunting task on.  They are going to take a loss, no matter how hard they wish they won't. IMHO they should just shut it down and stop the bleeding. I suspect they can't because of contractual obligations. 
Comment by predawn on Jul 16, 2018 2:54pm
and add to the fact they paid 7.50 for many many of those shares  man talk about squander cash 
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities