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Just Energy Group Inc. (JE)

NYSE - Nasdaq Real Time Price. Currency in USD
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1.74500.0000 (0.00%)
At close: 03:39PM EDT
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  • R
    Roberts
    I bought this at $31 before the split now it’s less than $1 🤦🏼‍♂️
  • R
    Ronan
    (http://cfcanada.fticonsulting.com/justenergy/docs/Responding%20Motion%20Record%20of%20U.S.%20Class%20Counsel%20%20-%20August%2010%202022.pdf)

    29. Notwithstanding the foregoing, my analysis and review of the recently released
    annual report for the fiscal year ended March 31, 2022, which shows USD $194 million
    of equity value, suggests that there is sufficient value in the Applicants to compensate
    unsecured creditors, and I believe that it may be possible to find a party that is willing to
    sponsor the Unsecured Creditor Plan, which would pay secured creditors in full, and
    11
    provide a recovery for unsecured creditors, given enough time. Indeed, I and other
    members of the U.S. Class Counsel team have been contacted by a number of parties
    who have expressed an interest in filling that role, and we are currently working with a
    serious financier to that end. We are currently working to present the Unsecured Creditor
    Plan by the Qualified Bid Deadline.

    Interesting.....
  • T
    Todd
    Warren buffet should buy
  • L
    Love America
    FYI:
    Form SC 13D/A Just Energy Group Inc. Filed by: PACIFIC INVESTMENT MANAGEMENT CO LLC
    http://archive.fast-edgar.com/20220808/A72C922CG222B2Z2222T2MEZAGSDZ2K22242
  • c
    cw
    Why are there no class action law suit news by shareholders against Just Energy? I see nothing on Yahoo or other news outlets.
  • R
    Ronan
    Who are the other potential buyers for JE. Would it be investment firms or would another company aquire them.
  • R
    Ronan
    Think we will get an earnings report today or next week?
  • M
    MoneyMaker69
    Only one reason they are selling... The current Financials drastically under value the company... This is a complete scam to steal from current equity holders. After exiting bankruptcy, the shareholders should vote to sale or keep... This is being stolen under the disguise of bankruptcy...
    Bearish
  • E
    EZ
    meme stocks are back. will this stock get taken for a run?
  • J
    JAZZ
    Don't sell ur holdings, it's a scare tactics...I rather lose it than selling at loss to crooks...
  • E
    EZ
    contacted JE investor relations about ercot uplift funding. they refuse to release a press release that states they received the ~$150M from ercort last month even though it's a material change to the company and required by the sec and iiroc. not sure why the canadian courts are protecting these guys.
  • J
    JAZZ
    I don't think SEC or U.S. Court will allow JE to ignore American shareholders - will file Class Action Law suits against JE for sure...
  • B
    Beetle
    Stephen, I agree with you about the delay. This is unbelievably great news. Delays are the best benefit the retail investor-you & me-can get in this time to prevent our shares from getting cancelled by the disreputable & possible illegal takeover attempt by creditors. Delays are protecting our interest. The courts have already delayed their decision due to inaccurate company valuations. Just Energy has been a profitable company for many years. I compare the current situation to PCG. When our shares return to $10+ within the next 2 years, you will thank the investment gods for all delays until the ERCOT settlement distribution is received by JE.
  • S
    SH
    Pls do good business and come to $5.
  • V
    Vasily
    They received 147.5M USD from Ercot on June 20th, 2022. We'll drop down to 10 cents?
  • R
    Ronan
    Would recouping roughly 150million bring them out of insolvency? I believe their original loss from the Texas Storm Event was 250 million USD.
  • E
    EZ
    08/22/2022 03:30 21-04399 223 Just Energy Texas LP et al v. Electric Reliability Council of Texas, Inc. Status Conference
  • L
    Love America
  • E
    EZ
    what are they up to? the latest press release isn't consistent with the previous negative trend.
  • L
    Love America
    FYI:
    JUST ENERGY ANNOUNCES EXECUTION OF STALKING HORSE TRANSACTION AGREEMENT AND SISP SUPPORT AGREEMENT AND FILING OF MOTION FOR APPROVAL OF SISP
    http://archive.fast-edgar.com/20220805/AA23422CZ22E52ZK222N2WE8TIOQZZ22Z242
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