Just Energy Group Inc. (Canada) JENGQ

Any hope

[Mukulu20]

Is there any hope for this stock to turn around? What a disaster for those of us who are holding this stock prior to winter storm carnage! Can never get through to investor relations.

[Tommy123]

This post has been removed in accordance with Community Policy

[GaillardDeshaie]

Yes it is actually too bad from IR, there is no reply.  There is still a little hope that JE will survive but we can't say, s weather event like this won't happen again.  Human can't do anything against nature.  In September, we will have a better picture of this company.  DYOD and GLTA...Gaillard.

[happyInvestor1]

Bonjour Gaillard, Ca regardes bien: Just Energy Obtains Extension of Stay Period and Claims Procedure Order under CCAA V.JE | 4 hours ago TORONTO, Sept. 15, 2021 (GLOBE NEWSWIRE) -- Just Energy Group Inc. (“Just Energy” or the “Company”) (TSXV:JE; OTC:JENGQ), a retail energy provider specializing in electricity and natural gas commodities and

[Capharnaum]

What's the positive about the company extending CCAA? According to their latest filing, they have $1.6B to pay once they get out of CCAA but they only have around $550M in cashable assets. To get the $1B they need, they would have to find a party willing to replace the $600M of debt and add $400M net of cash before the end of the year. That's a tall order.

[GaillardDeshaie]

Well, yes they have $1.6B total liabilities  AND  $1.3B in assets.  So they are at -$311m in total deficit.  If they get the $100m return from ERCOT and they got another good Q2 (like Q1 with $275m profit from operation), who will be announced before end of November, YES it is a positive news.  Like Babe Ruth said: it is not over until it is over. At least it is a right

[GaillardDeshaie]

HappyInvestor, yeap c'est un autre petit pas dans la bonne direction.  Au moins, ce n'est pas la fin pour JE.  Il faut rester positif et avoir confiance dans la direction de Monsieur Gahn et de son quipe.  Bonne Chance Happy.  J'ai 8400 actions et j'espre bien ne pas tout perdre.  Tu peux m'crire en priv si tu veux. 

[happyInvestor1]

merci!

[SlickRick40]

That's like thanking someone who stole your wallet.

[SlickRick40]

Downgraded to venture exchange. They can't afford IR reps. Running out of cash. On way to bankrupt.

[happyInvestor1]

Slick. wonder why you blast this company. looks like you have ypur own agenda. When the 100 Millions comes it will be a game changer, surely well see $2

[SlickRick40]

An agenda to tell truth to the novice speculators who inhabit this board. It's always fascinating what the combination of greed and ignorance will produce. In this case, you're hoping for a decision that could allow company to continue ripping off customers. Should that decision not materialize these shares go to $0. Either way, you children here have no idea what you're doing. You'

[happyInvestor1]

It is call risk tolerence buddy. Nothing else. Everyone is free to take a chance or not.

[SlickRick40]

Learn how to speak English or get back on the boat with the rest of the rats. Quit wasting ill gotten cerb money on toxic sludge like je. Poorly run business on its way to zero. $0 Going to enjoy the whining from this message board when shares are halted prior to bankruptcy proceedings.

[happyInvestor1]

man you are such a looser. a real leech. you are a waste of time. good luck with trying to take people down. only god is the judge of poor soul like yours.pls give me the curtesy to never speak to me again. cheers.

[GaillardDeshaie]

Happy, I totally agreed with you about this guy, so just do what I did...Ignore this user under user actions.  The Q1 2021 results were not bad at all, so they are in a good way to get back on normal operation.  Just hope they will take action to protect ALL THE GROUP when something like weather event happen again. DYOD and GLTA.  Gaillard.

[happyInvestor1]

Thanks buddy!

[Tommy123]

This post has been removed in accordance with Community Policy