CEG 0.00% 8.0¢ cec group limited

For those that follow or interested in CEC GROUP LIMITED, I...

  1. 2,157 Posts.
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    For those that follow or interested in CEC GROUP LIMITED, I found this article dated yesterday.

    It has a pretty positive spin on the company.

    http://www.constructiondigital.com/CEC-Group---Striving-for-unrivaled-results_26515.aspx



    I am also of the belief one or more of the top twenty holders below is currently happy to bail out at 15c ATM due to CEG being removed from the All Ordinaries on March 20th. Note the quantities are small so would expect a price bounce once sold if I am correct. Stated NTA was 54c at end of 2008 (March 5th announcement).

    Although CEG is not out of the woods and is definitely still a speculative punt I think the forthcoming end of financial year will show the bottom is nigh if not already astern.




    Argo Investments Limited 1,690,168 2.12%

    J P Morgan Nominees Australia Limited 1,327,550 1.67%

    ANZ Nominees Limited 1,155,105 1.45%

    Asia Union Investments Pty Limited 909,000 1.14%

    Queensland Investment Corporation 863,484 1.08%

    HSBC Custody Nominees (Australia) Limited 576,337 0.72%

    Citicorp Nominees Pty Ltd 479,278 0.60%

    National Nominees Limited 449,902 0.56%



    Please DYOR (Do your own research) as mine can be a bit slack.




 
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Currently unlisted public company.

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