Crius Energy Trust Tr Unit CRIUF

Financials out

[annegel]

https://www.criusenergytrust.ca/For-Investors/Investor-News/press-release-details/2018/Crius-Energy-Trust-Reports-Third-Quarter-2018-Results/default.aspx

[lashing]

And they are terrible. They are trying to wrap it in candy but this is not good.

[MrEvilx]

Horrid !!  What a let down  !!  someone knew this, that's why, it was pumped up all these days..leading upto the result date.. the way market is punishing great results, I won't be surprised if we lose 20% or more in the stock price...  sigh !!

[smithgee]

Looks good to me ... one time hits are out of the way and q4 we will be growing again. Looking to pick up some more tomorrow, if more like you only focus on the negative.

[lashing]

I will sell you mine right now at my breakeven. $6.25

[MrEvilx]

the market has been extremely punitive to anything out of order in the results..  The headlines of the results are all BAD Gross margin of $52.9 million for the third quarter of 2018, compared to gross margin of $54.9 million in the third quarter of 2017.   Net income of $7.7 million in the third quarter of 2018, compared to a net income of $25.0 million in the third

[smithgee]

Few Other Positves: Revenues increased 33.2% in the third quarter of 2018 to $359.4 million from $269.9 million in the prior comparable period   Based on activities achieved through the end of the third quarter of 2018, the Company has achieved an annualized run-rate of $22.3 million in cumulative cost-synergies and has plans in place to achieve $25.1 million in cumulative cost

[deisman03]

IMHO, I felt the results were better than what I expected.  The manager responsible for insisting on picking up the SOLAR business is GONE.  Not only did he pick it up, he wouldn't admit it was a mistake in judgement.  At least they've finally admitted the mistake and have announced a plan for the demise of SOLAR.  I believe it should be uphill from here but