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CF Energy Corp CGFEF


Primary Symbol: V.CFY

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

Comment by Mountainbikeron May 18, 2018 8:59am
83 Views
Post# 28051306

RE:No updates about the HK listing

RE:No updates about the HK listingBe patient. If you call CFY's office in Markham, Jessica is there and will pick up the phone. 
To get the most out of the IPO listing, CFY wants to incorporate all of those new partnerships such as EDF, Guangdong Grid and others into the Prospectus so that it has more meat to the story.
And hence the wait is understanble and worth the wait. It is still on track. The company has to reramp financial reporting according the the HKSE standards and hence the wait again.
Think about this: the company has been listed in Canada for over 10 years now. The company could have been easily privatized itself at, say $0.60, the original IPO price to make whole of all loyal shareholders. But the company wants to reward the CDN investors and do a dual listing instead. 
I mean to say this: Delist itself here and take their time to list only in the HKSE. 
So what the company is doing is to REWARD the shareholders here in Canada. 
So I am LONG and Patient. 

Also they just increase their semi annual dividiend by 17%!
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