BGC bridge global capital management limited

holding well today, page-5

  1. 752 Posts.
    Surandy,

    I think just one big seller last week.

    But I think the bigger problem is still Sentiment in the Biofuels industry. Both ABJ & ARW are dead mainly due to lack of support in the Australian market for their Tallow based Biofuels.

    The classic example for how undervalued good Biofuel companies is AAE. They recently sold 20% of their American operation for US $15 million ... yet AAE as a company has a current market value of just $23 million.

    SBI has a 100,000TPA ready to go ahead in Malaysia yet their current market value is only equivalent to the Cash they still had in the bank at the end of the last quarter.


    I am assuming the NFL share price will slowly drift downwards until we good some good news regarding the Biofuels industry. Perhaps it will be 16 cents by the end of December.
 
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