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CF Energy Corp V.CFY

Alternate Symbol(s):  CGFEF

CF Energy Corp. is a Canadian company that operates as an integrated energy provider and natural gas utility/distribution company in the People's Republic of China (PRC). The Company focuses on four sectors including natural gas supply, natural gas pipeline installation and connection services, and integrated smart energy and liquefied natural gas (LNG) trading, covering Hainan, Hunan, Jiangxi, Hebei, Sichuan, and Guangdong Provinces. Its segments include gas distribution utility, integrated smart energy, and smart mobility. The Gas Distribution Utility Segment comprises of pipeline PNG sales, LNG supply distribution sales and natural gas direct transmission. The Integrated smart energy segment includes two projects, namely the integrated smart energy project (the Haitang Bay Integrated Smart Energy Project) and the integrated district energy distribution project (the Meishan Project). The Smart mobility segment comprises of the operation of electric vehicle (EV) battery swap stations.


TSXV:CFY - Post by User

Bullboard Posts
Post by brasil500on Mar 25, 2010 1:22pm
373 Views
Post# 16924063

careful

carefulabsolutely no liquidity in this stock. company owner himself has over 50% of the float. Just have a look at the financials before getting in. They have mountains of debt. Not just the recently consolidated debt to the Chinese govt. Also debt to company insiders. One insider is owed 7 million plus by the company. COsts have been increasing steadily. I think the company could start to become a profitable growth position in 2011. Long term its probably a great play.  Just read the financials, youll see what I mean. They also have the worst Investor relations people Ive ever encountered. Send them an email, youll also see what I mean.
best of luck.
Bullboard Posts