Crius Energy Trust Tr Unit CRIUF

Relief Rally

[marketsense]

Results were OK but their issues remain a problem.  Payout ratio needs improvement
and this after $20M in cost savings which will not be repeated.  Overall its better than 
market was anticipating and obviously shows how oversold KWH was thanks to the
shorts who tipped them down into the low $5's.  Where do we go from here is the big
question.  I hope they can maintain share price and build from here.  Getting rid of solar
would help them in so many ways IMO,  but they seem doggedly committed to keep it
despite it losing money every quarter.  I guess they're hoping for a miracle.  As a % of
their total revenue,  the solar loses are not huge but it just looks bad on their balance 
sheet when you are now  operating with a 100% payout.

[Sadie222]

Well, except that they are NOT keeping solar. That was clearly restated in the release.

[marketsense]

Well, I must have missed that but doesn't change anything until its sold.  If and When they sell it,  still remains an open question but I accept your correction.  Thanks

[campst]

If memory serves me correctly, Crius didn't play very much for this division, so probably not much on the books. Ceasing activity and liquidation of any remaining assets may be a viable option.

[deisman03]

IMHO their dip into SOLAR was done on POOR JUDGEMENT by management.  Solar electricity has always been to expensive to produce. It's fine under some conditions, especially where there is no other alternative. North America has plenty of CHEAPER alternatives as well as a decent infrastructure set up to distribute the alternatives.  Not only that, there was already ongoing litigation