Just Energy Group Inc. (Canada) JENGQ

Last deep freeze cost them approximately 10M

[Tradestay]

I checked the financials and the last deep freeze of 2018 cost Je approximately gross 21M after hedging offset down to 10M. This 2020bfreeze was longer I believe compare to 2018. Maybe JE loosing all those RCE will be a silverling with what happend here. Then again lots of people were without power that could have avoided losses too if it was a loss situation. Alternative theory Do anyone think they would have lost those clients earlier in the year but still have contracts for the supply of that power which they could have now sell higher since those clients are not around to use it? Will be aweosme if that happens. These are just my thoughts.

[GaillardDeshaie]

Thanks Tradestay for your information.  So, all house without power will not have any impact to JE BUT for sure will have a huge impact on Insurance Company with all claims for frozen pipe, house damage by water and it will be the same for all boats....ouchhtttt... So we are taking about billion dollars in claim.  I'm from Quebec, Canada, we used to have cold but our house are