BGC bridge global capital management limited

Im into AAE and have been following the biofuel companies. It...

  1. 390 Posts.
    Im into AAE and have been following the biofuel companies. It seems that investor sentiment is very negative towards these stocks at the moment.

    Im also into NWT, which has extreme negative sentiment, so I know.

    It seems that even if the prospects are good, fantastic, 30c dividend as NFL is predicating is not enough to stop the negative sentiment.

    My only advice is that NFL will be worth more than what you paid, but you will need to put up with the negative sentiment. NFL, AAE, even my poor NWT will be winners, it just needs to be recognised.

    Also Christmas ain't a good time to float.

    And I would expect the heavy selling to be pre-exisiting shareholders get money for christmas and their flash toys. I would have done the same thing.

    be patient and average down if you can. 30c a dividend on a $1.20 stock is 25% dividend yield, fully franked (I assume) or 20% on the purchase price. I'll be getting in to NFL once I can get some money out of NWT or if AAE moves before NFL
 
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