The main activity of Biofuels is the large scale production and exploitation of biodiesel and glycerine following the construction and commissioning of the initial plant.

Biodiesel is produced from vegetable oils and, as an environmentally friendly product, can make a significant contribution towards reducing green house gases and meeting Kyoto targets.



RNS's from BFC can be viewed at:

http://www.uk-wire.com/cgi-bin/index?search_type=3&words=bfc&go.x=17&go.y=8

http://www.biofuelscorp.com/

Has anybody really done the sums on biodiesel, etc?

We ain't going to be using it in place of black gold in large quantities in our lifetime methinks. At present these companies are being run by rank amateurs and their investment performance shows it. The honey mood period of "that's a good idea" was over a couple of years ago for the likes of BFC and DOO and where are they now? Not in as good shape as they should be is the answer.

So does Renova (RVA) and GTL - both also in bad shape!

Cynic, if you are into shorting, EEN is a good candidate.

You can't really call Michael Buzzacott a rank amateur can you? Ex BP Group Vice President, Petrochemicals.

No financial wizz though, is he, otherwise BFC would have got where it is today, i.e. almost round the U-bend?

I'm sorry, but there are many small companies being run by guys with no business acumen at all IMO. Mind you, being BP it's hardly surprising. I've worked for them and their profligacy at the lower levels is astounding. Money no object and that was when oil was $20

As for takeover, etc, I guess it's possible. But does anyone really think the government is going to bail out an outfit whose current mkt cap is 6.7m? I'm sorry, but those who even contemplate it are pissing in the wind.

Love,
Al
;-))

98 ..... i can see EEN sp heading sharply south, but why?

Al ..... you and i are in tune on BFC ..... cannot see why anyone should t/o the company and indeed, as documented, DOO took one look at end 2006 (or was it 2005?) and ran .... that said, though i think sp is likely to start tracking back south, am not brave enough to short more - but then nor was i brave enough to short SEO at 3p!

Watch and learn people, the financial reports do not always show the true workings of the company. Barclays is more than aware whats going to happen with this company. Their execs are well in touch with the governments background propaganda manipulators.

noted .... but let's see who is right in say 6 months time, or perhaps a lot sooner than that .... as for the goverment intervening to save them, please tell us from which planet you arrived - clearly it has a much more altruistic (foolish) bunch ruling than here

Remember the CIA blowing up the twin towers? Similar interventions going on here.
Remember all is not what it seems.

Cynic, I went into BFC today...looks like the graph is curving upwards now. Maybe I am right , maybe I'm wrong. It's a gamble. Wish me luck. Hopefully this manageress women is right.

hlyeo98 good luck it's.a game it all or 50% to do with luck so i give you 50%

can't cope with all this cospiracy theory crap and similar ...... neither shares nor indices rise or fall in straight lines ..... perhaps i am wrong, but as i am very very well in the money am very happy to keep runiing my position .... as is see it, and perhaps wrongly, is ......

BFC is all but bankrupt
There is no white knight on the horizon
Current rise is partly to do with shorters closing their positions and/or MMs attempting a bear squeeze
Current rise is partly to do with the whole "green" sector getting hyped, and thus indiscriminate.
On a chart basis, sp cannot break and hold above 13 dma - have not even looked at 25 dma yet, which to my mind is much more relevant.

Me? Always willing to watch and learn. ROFLMAO!

.......... and DCBs always happen too. Careful hlyeo98 - remember, this trade really is a high risk gamble. ;-)

with nothing better to do having woken up early for no good reason, i post below some charts for contemplation:



Shows 13 dma

SP has hit +/-16p 2/3 times over the last few days but been totally unable to hold it

here you have 10 dma ...... if you want to rationalise on the bulliosh side, you might argue that sp has now (just) broken through this with arguable support about 13p

finally, chart with 25 dma in green + 10 dma ..... pretty self-explanatory

Come on...moving on up

at least i know that at worst i shall walk away with a really good profit as opposed to a stunning one

should anyone be remotely interested, have decided to lock in my "very good" 40% profit rather than allow greed overrule my brain to chase a stunning one ..... i still think this company is for the knacker's yard, but for the moment, sp seems disinclined to fall back to its natural level

Cynic, glad I went against your advice and bought at 14.75p. My gut feeling was right! Now 19p