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"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

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Crius Energy Trust Tr Unit > NCIB

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Post by rico91 on Jul 21, 2018 11:28am

NCIB

Some have stated on this board that the company has not bought any shares recently. How do you know? The company publishes buyback information once a month only. In early August, we will see the activity for July.
It would be a little crazy if they were to publish these purchases on a daily basis. People would just say, why didn't they buy here or there!!!

I have done and continue to do my DD which is why I was a buyer again today @ 6.06. On an hourly or daily basis , I have no idea where the SP will be, so I put in what I consider to be a low ball bid that I would be happy paying.
Sometimes I get the shares and sometimes I don't. If I don't get the shares because the price didn't fall enough. I am still happy.

For me , I feel that the company will recover and grow and that this is therefore a great buying opportunity.

JMHO
Rico

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Comment by predawn on Jul 21, 2018 11:48am

The problem with KWH is they dont seem to know where what or why the SP is where it is,They wasted over 500K by buying back shares too soon;; people on here beek off saying its heavily shorted and it may be true however one would assume that if anyone knew that for sure it would KWH management and they just say they dont have a clue which stikes me odd for sure;;;;;;;;;;;;;

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Comment by rico91 on Jul 21, 2018 11:57am

First of all. investors including the disitent ones were screeming as to why the company had not already started the buyback process back a couple of months ago. How would they know , when is too early or too late? As to other information, I don't expect the company to spill their guts to all to see ! The company has said they are making progress and suggested that q2 would show ...more

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Comment by deisman03 on Jul 21, 2018 4:09pm

According to Ms Castledine, their investor communications manager, Crius has purchased over 325K units in the NCIB. I don't believe they have a lot of cash to put into NCIB at present so only do so when it's available without borrowing money. This is IMHO of course. I have bought and sold a bit at these low level swings. I did try to purchase 5k below $5.75 and only managed ...more

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Comment by Sadie222 on Jul 22, 2018 4:35pm

NCIB purchases are insider trades, which must be reported within (IIRC) 1 week. They will then show up on SEDI. Those 325,000 shares were purchased in May and June, at prices well over $7. That did not stop the price slide, though it probably helped. Are they currently in blackout, and unable to make insider purchases?

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Crius Energy Trust Tr Unit