CF Energy Corp V.CFY

Alternate Symbol(s): CGFEF

Utilities Utilities - Regulated Gas

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.

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CF Energy Corp > Back to the norm

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Comment by TickBombon Sep 04, 2019 7:30am

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Post# 30093313

RE:Back to the norm

Mountainbiker, what do you think about the future. We were earning close to 0.20 cad a share, had 30-40M CAD in cash and now after this strategic move, we are down to about 0.10/share annualized and have 8M in cash, plus are getting diluted 10M shares. This green infrastructure sound good, and i bet it will flow cash for years, but how do we get back? The margin of safety has gone down significantly.

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