BGC bridge global capital management limited

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  1. 12,413 Posts.
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    Hawley, not too hard to get it right with NFL's chart, as you say it's a very straight line downwards.

    Good thing NFL doesn't need to raise any money via equity issues any time soon. As the BoardRoom Radio indicated they are largely full funded for their immediate term plans, ie building plants in Singapore and Houston, USA.

    Unless there's an announcement out of the blue, ie buying an existing plant somewhere, then I don't expect much news until their 1st quarter commitments test and then their AGM, end of October and November respectively.

    The 1st quarter commitments test itself won't tell us much as it's based around cashflow and as I've mentioned before the only operating plant is Darwin which is equity accounted. However I am hoping for some guidance as to how things are progressing, ie Singapore & USA.

    One thing to keep an eye on is NFL's website which is being enhanced to include market feedstock prices.
 
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