Post by
JohnBP1 on Nov 04, 2024 5:38pm
Boys not looking good
Long range does not look good. Trading range small. Negative growth. Two things that may make a small jump in CJ, war escalation, Trump. I can't see CJ returning to $7 in a long time. The divi may have to be managed down. Reality. GL
Comment by
cooper90 on Nov 04, 2024 6:51pm
I will clip my safe 11% divi monthly all day long, what do you mean no growth, Sag comes on stream in less than 11 months Made so much money on CJ low decline wells placing most of the money on DIV payouts, long term low cost growth and low debt ratio Just a great holding and it just keeps payIng month after month after month love it!!!
Comment by
loopsbutterfly on Nov 04, 2024 7:19pm
I sold some shares lately for a good profit $$$ my covered calls have not been exercised I do agree....the dividend is far too high
Comment by
silverbaby on Nov 04, 2024 7:20pm
Negative growth???? Maybe you should actually do some homework on this company, there is growth over the coming couple years!!!!
Comment by
loopsbutterfly on Nov 04, 2024 7:37pm
I do agree but I dont like cj-shares at any price and never fall in love with a stock keep in mind it is a small producer at only around 21 000 boe per day Is their fat dividend so safe... the big question !!!