CEY - Centennial Coal

[It's Snake Pliskin]

For those wanting a lesson in how not to let your winners run consider this:

I went long on CEY at 2.88. In changing over to I.G. Markets and not seeing allot of action on CEY i decided to exit for a small profit and transfer more funds to IG. That was yesterday!

Moral of the story....trade the bloody plan!

Cheers,

It was a nice set up with confirmation today C! I watched it smash up to $3.45 and tried to short it back but it was too quick for me to get on - HIGH RISK.

 

[CanOz]

It was a nice set up with confirmation today C! I watched it smash up to $3.45 and tried to short it back but it was too quick for me to get on - HIGH RISK.

Well all was not lost, my other position, as i just found out, broke out today as well, COE. I'll post the chart over on that thread. I can't claim them though, both were picks from our friend in Noosa!

Cheers,

 

[michael_selway]

Now at $3.33 as coal stocks are seen as cheap in Australia. Look at the rating of Consol Energy (CNX) in the States. Interest from AMCI recently, in other coal stocks, seems to have given CEY a jump start. A long way to go yet, imho.

do you have CEY Noriua?

thx

MS

Earnings and Dividends Forecast (cents per share)
2006 2007 2008 2009
EPS 17.5 15.9 24.4 31.5
DPS 13.0 10.0 13.0 13.0

 

[noirua]

do you have CEY Noriua?

thx

MS

Earnings and Dividends Forecast (cents per share)
2006 2007 2008 2009
EPS 17.5 15.9 24.4 31.5
DPS 13.0 10.0 13.0 13.0

Hi m_s, Yes, see post #15 - still holding. Now at $3.40, on a run, hold on tight.

 

[macca]

Now 2.96, what happened ?

I know it went ex div but that was only 4c

I missed the breakout so was kicking myself, now it is almost back to old price, what did I miss ?

 

[michael_selway]

Now 2.96, what happened ?

I know it went ex div but that was only 4c

I missed the breakout so was kicking myself, now it is almost back to old price, what did I miss ?

**** GCL trading halt!

thx

MS

 

[It's Snake Pliskin]

Now 2.96, what happened ?

I know it went ex div but that was only 4c

I missed the breakout so was kicking myself, now it is almost back to old price, what did I miss ?

Profit if you didn't take it.

 

[noirua]

Anvil Hill is the big project that Centennial eagerly await go-ahead on: http://www.centennialcoal.com.au/ssl/axs/1/7.asp?recID=470

The environmentalists are trying to hold up the project.

 

[noirua]

Anvil Hill still awaits a go-ahead from the NSW Government. The mine will produce up to 10 million tonnes per annum of thermal coal for the domestic market and overseas. The mine will be beneficial to NSW and Australia as a whole, in so far as the economy is concerned.

This link that was out at the end of February last shows the amount of confidence in the project: http://www.abc.net.au/am/content/2007/s1844672.htm

 

[CanOz]

Heres another chart with the weekly pivots on the daily....the bounce off support coupled with the bullish divergence is seen as bullish, as i currently understand it.

Cheers,

 

[noirua]

Anvil Hill still awaits a go-ahead from the NSW Government. The mine will produce up to 10 million tonnes per annum of thermal coal for the domestic market and overseas. The mine will be beneficial to NSW and Australia as a whole, in so far as the economy is concerned.

This link that was out at the end of February last shows the amount of confidence in the project: http://www.abc.net.au/am/content/2007/s1844672.htm

The third terminal approval at the Newcastle Port, looks very good for an approval to follow for the mine at Anvil Hill.

 

[noirua]

Quite a good move today as CEY move up to $3.20, up 14 cents. The Anvil Hill prospect is looking very good for a go ahead announcement.

 

[reece55]

I'm really liking the looks of CEY here and might go in for another long position.....

Not sure if anyone is aware, but there is a large % of this stock short sold at the moment (2.59% of issued cap @ 16/04/07).... Unless they have been short since November, they would be getting a little nervous by now.... May be a short squeeze op here....

Nice support base at $3.00, a nice break upwards above the 3.30's would have me tempted......

Cheers
Reece

 

[noirua]

A look over Anvil Hill, one of the largest prospective thermal coal mines: http://www.youtube.com/watch?v=nTsEG4TR3So

 

[rocka1]

CEY - Centenial Coal Company

Hi all ive been doing some research on this company i have noticed volume picking up over the last week with an average of 1.2 million turnover , fairly healthy, but get this shares volume topped 12.6 million with 12 of this after market today in last couple of minutes also noticed alot of new substantial holders coming on board last month i dont own but maybe look at tomorrow, does anyone else know much about company? This is my opinion only dyor

 

[rocka1]

Anyone looking at cey volume is looking good the morning again just cracked the 3.00 mark asr just put out a buy on it at 3.00 what do members think cheers rocka. ps doyr

 

[rhen]

Anyone looking at cey volume is looking good the morning again just cracked the 3.00 mark asr just put out a buy on it at 3.00 what do members think cheers rocka . ps doyr

My reading of the weekly chart for CEY is that it is encouraging with all four of my indices suggesting buy. I own shares in CEY.

 

[reece55]

Did anyone else catch a ride on this one at the end of trade......

Just spotted this one just in time, Anvil Hill was approved today by the NSW Govt - the stock went mental. It's not often you see a stock break out so incredibly, but it sure is beautiful to watch. Will be interesting to see what happens tomorrow, possible further entry on the retrace.......

Cheers

 

[nomore4s]

Did anyone else catch a ride on this one at the end of trade......

Just spotted this one just in time, Anvil Hill was approved today by the NSW Govt - the stock went mental. It's not often you see a stock break out so incredibly, but it sure is beautiful to watch. Will be interesting to see what happens tomorrow, possible further entry on the retrace.......

Cheers

Yeah Reece, I was watching it, but I've had a small amount of shares since $2.80 so I was pretty happy this arvo. Chart looks good, a bit of resistance at $3.45-$3.50 (not all on this chart) but it should hopefully clear that on the back of the ann. A double bottom formed about 10days or so ago, but I missed the entry on it as I hadn't been watching this one closely.

 

[R0n1n]

is this stock froming a triangle ? hopefully I am right... ... been watching it for a while and looking for an entry..