CEY

Centennial Coal Company (CEY)

Fri, 13/06/2008 - 07:15

Stock Code

CEY

Stock Exchange

Australian Securities Exchange

Centennial Coal Company (CEY) is Australia's largest independent coal company and is also a coal mining and marketing company engaged in the supply of coking and thermal coal to both Australian and export markets. The CEY is also the fuel supplier to the energy industry of the New South Wales. Approximately 30% of its coal production is exported through the ports located in Port Kembla and Newcastle in New South Wales. CEY was listed on the Australian Stock Exchange on the 4th of August 1994.

Losers of the Week


Centennial Coal Company (CEY) the largest Australia based independent coal company which is involved in a coal mining and marketing with the focus on supply of coking and thermal coal to both Australian and export markets was the worst performer in the ASX100 list for the 3rd week of 2010. The company lost 10.9 percent or 46 cents to its stock price and was closed for the week at $3.73.

Worst Performer of the Week: Bank of Queensland


Bank of Queensland (BOQ), a company that operates in the provision of financial, banking and related services in Victoria, New South Wales, Queensland, Northern Territory, ACT and Western Australia was the worst performer in the ASX100 list that lost 8.05 percent or 91 cents to its stock price closing the week at $10.39.

Goodman Group: Best Performer for Week 33


Goodman Group (GMG), a company that is engaged in the business of ownership, development and management of business and industrial places was the best performing stocks in ASX100 index for the 33rd week that saw a rise of 19.1 percent or 9 cents in its stock price closing the week at 53 cents.

Murchison Metals (MMX) Worst Performer of Week 25, 2009


Murchison Metals (MMX) - one of the leading iron ore exploration companies in Australia was the worst performing stock in ASX 200 on week 25. The company lost 23.4 percent or 51 cents on the share market. Some other worst performing stocks of this list were Gloucester Coal (GCL), Kagara Zinc (KZL), Paper Linx (PPX), ING Industrial Fund (IIF) and Paladin Energy (PDN).

Felix Resources (FLX)


Felix Resources (FLX) was the overall best performing stock taking in a 18.86 percent increase. Among the best performing stocks for the week 21 of 2008 on the Australian sharemarket were a mixture of financial and communication services, energy, gold mining, coal mining, and oil: Computershare (CPU), Paladin Energy (PDN), Lihir Gold (LHG), Felix Resources (FLX), AED Oil (AED), Centennial Coal ( CEY). The best performing stocks for the week 21 managed gains above 8.06 percent by the end of the trading week.

A Review On The Resources Sector


Here is a review on the sector resources provided by Australian stockmarket analyst Macquarie Research Equities.

How High can Resources Go? A Review of the Sector

Centennial Coal (CEY) Update


Centennial Coal (CEY) has some stock trading market commentary from analyst Macquarie Research Equities.

Is Coal the New Gold?

Centennial Coal (CEY): Loser


Centennial Coal (CEY) is the Loser of the week (week 46 of 2006) – the worst performing company on the Australian stock market this week. The coal mining company closed the week 29 percent lower after a disappointing strategic review. Centennial Coal reported that full year profit may drop as much as 36 percent because it will write down the value of its Newstan mine. Newstan will complete longwall mining in mid-2008 and then be put on care and maintenance, the company said.

Centennial Coal Company (CEY) Shares Recommendation


JP Morgan have rated the Centennial Coal Company (CEY) stock with a Neutral recommendation while pushing up their NPV to $4.03. The catch is that the analyst's expect that the company's share price would trade below NPV as a consequence of high operational risk.

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