BGC 0.00% 0.0¢ bridge global capital management limited

will go monday, page-5

  1. 11,031 Posts.
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    Peter_2007, how long ago did you send them an email?

    I had sent emails earlier in the year with no reply then on June 21st I sent them an email after the close of business and got a reply from the managing director before 11am the next day.

    My email:

    "As an investor in NFL I was wondering how the Darwin Plant has been going in terms of cashflow and profitability."

    Richard Selwood's reply:

    "The Darwin plant as a percentage of NFL cash flows will be approx 6% of the total.
    As announced to the ASX we have had delays , which has resulted in the Technology provider LURGI making some changes.
    However product is being made and distributed to our distributors.
    Singapore which is 67% of our projected cash flows will start to come on line this December, and Houston which was not forecast in the prospectus has started construction and will start production approx 7/8 2008.
    In general, trading at a PE of less than 2 is very disappointing, but I feel when Singapore is completed we must be re rated, after all Sing alone has a cash flow in excess of $600m pa.
    The companies results will be published in due course, after the auditors have finished."
 
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