daytrades december 3 morning ..., page-85

  1. 1,486 Posts.
    Regarding CFU . . . I'm holding a parcel of this company that I bought 14 months ago. It's heavily in the red, but I believe strongly in the product. The problem is, our federal and state government lack the political will to make the Fuel Cell units mandatory and/or affordable in new housing/office developments. The company understands that their future lies in Europe and Japan, and markets the products accordingly. In fact, there is no real need for CFU to be based in Australia, apart for a few token demonstration units in universities and show-pony govt housing estates.

    If you're thinking of a punt in CFU, check the chart for the past year. No announcement has moved the price more than a cent or two, and it's a trading dog, in my opinion. Buy it for the future (2-5 years) if you want, but don't expect short-term fireworks.
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