Member Info for millsm

Problem with Richard Bennett is that he seems like a genuine and nice guy but has his fingers in to many pies. Constantly jumping form one companies priorities to another. CNEL need someone who is focused on their success and marketing rather than the shambles that's happening at the moment. They are going to continue with a SP that's undervalued unless the BOD show that they actually value the company themselves.

Some good news, ethanol prices are staying very solid which is positive for the future.

https://tradingeconomics.com/commodity/ethanol#:~:text=Ethanol%20is%20expected%20to%20trade,0.79%20in%2012%20months%20time.

Its easy to get frustrated and angry over this but the fundamentals are that the company performance is still very good. To be honest with very few buys this can leap up 20-30% in an hour or so when something positive lands. For me its hold firm and make sure I get at east 12-15p in the coming months for these shares as they are very undervalued. The BOD do need to pull there finger out though and realise they can fix this by just being more positive about the wins that are happening (as they are doing a great job of winning projects).

The company in mainly owned by a few individuals anyway and to be honest if they wanted to play those sort of games they had the chance in the last 12 months when the share price was at 1p. Its just poor communication and a lack of understanding about how the world works now, you can become a billionaire purely based on your profile now a days and a failure based on one wrong statement. Being responsible and professional like they are is one thing in the communication but you have to be positive and forward thinking too. Get the message out there otherwise you don't exist in peoples minds as they are on mobiles and tablets 24x7 and other people are marketing investors if CNEL aren't.

Got to agree, the BOD need to wake up and pull there finger out to understand why with such good results the company has no share price traction. We live in a multimedia dynamic social media world, people invest in good marketing regardless of the results. They need to genuinely replace whoever is in charge of the investor marketing and get someone who is in the 21st century as if they carry on the way they are they won't be able to leverage the company against the results (which are great) and it will continue to be a penny share. With a sound a sensible strategy of project news and regular updates the share price would be at the 12-15p mark without question instead of struggling to stay at 4-5p.

Come on CNEL wake up and smell the ethanol (which has recovered price wise)

https://tradingeconomics.com/commodity/ethanol#:~:text=Ethanol%20is%20expected%20to%20trade,0.79%20in%2012%20months%20time.

Based on the global pandemic the results show solid progress and very steady performance at the end of the day . The company has sort of stabilised for 6 months but not lost ground which should see it set to capitalise on the opportunity as things open up again. It would have been seen to be reckless to pay a dividend at this point based on global effects when cash is king. Let’s see how the HK market picks up on these as I can honestly say I have no idea if this could go up or down tomorrow based on the solid performance.

I haven't commented for a while as to be honest not a lot is happening until we get a results update and possible special dividend update tomorrow. Still great value and we should see some bounce back towards the HK float price if investors start to see longer term value, key project updates are going to be the key as the value is still there up to 15p a share based on the performance and value ratio. The company just needs to show its plans in depth and how it is getting on with the execution of them. Coming clean on the Double River share dump might help too if they know that they have sold all the shares they were allocated as this would explain the 50-60% devaluation of the SP since the opening bell.

At least they are focusing on boosting the share price, the results must be good otherwise they wouldn't have a dividend option on the table. GLA we should see some extra value again soon.

Well found RSB as that sounds very positive news if they have a possible interim payment on the agenda even if its not an immediately forthcoming they are obviously meeting to think about how they boost the SP.

''The board of directors (the “Board”) of China New Energy Limited (the “Company”) hereby announces that a meeting of the Board will be held on Thursday, 20 August 2020, for the purpose of, among other matters, approving the unaudited consolidated financial results of the Company and its subsidiaries for the six months ended 30 June 2020 and considering the declaration of an interim dividend, if any.''

It doesn’t take much to pump up the SP, a much better sign today. Monthly share stats were released from what I can see.

The only positive is that the volumes slowly dragging it down are very low, any good news and it should bounce quickly upwards.

The bottom line here is the value of the companies potential is still as valuable as it ever was, I think they have bee a little stupid in letting the load shares be dumped on day one but once the profits continue to roll in and some good news lands we should see a bounce IMO.

With some descent PR for the company, surely patents being registered is good news that would boost the SP.

The ethanol price has been a little unpredictable at the moment which can't be helping, up today though.

https://tradingeconomics.com/commodity/ethanol#:~:text=Ethanol%20is%20expected%20to%20trade,0.79%20in%2012%20months%20time.

We really need the BOD to inject some good news, the problem isn't the SP at the moment but more the volume. No one is interested at the moment and its just drifting on now volume at all in the market for share buys. We need this on peoples radar otherwise when the good news does come it will just be ignored.

It’s been two weeks nearly since the very poor IPO and the BOD silence isn’t helping. They should be a reassuring voice about the future and opportunity as well as trying to explain the poor IPO.

It’s hard not to be disappointed that this is a 10p+ as the company value deserves it based on its performance alone. Once it announces another year of profits the SP will grow again very rapidly as it trades up on very little volume. It’s not as easy as uk stocks to buy through the uk traders but well worth it in my opinion as it’s at a cheap price at the moment with lots of upside still to be realised. Once it gets a little good news going we should see it bounce back nicely.

Mind you I wouldn’t sell them until this goes above 20p which will happen soon enough

Yes still have a healthy mid 1’s average on a very descent volume

Looked promising but dropped off again, still less than half what it should be.