laughing all the way to the bank with cey

See article below guys. You see FLX has had a big run but NOT CEY ....so if you are not in CEY you better get in quick and ride it for at least this year!!!

Making money in 2008: Bulls running on hot coal
by Julia Lee
posted on Feb 14 09:48am
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Julia LeeCoal prices are set to double in the next year which will subsequently result in stellar profits for the companies associated with its mining and exportation.

Amidst investor nervousness with current global conditions, one area that has been getting a lot of attention is that of Coal. Coal prices are set to double in the next year which will subsequently result in stellar profits for the companies associated with its mining and exportation.

Coal exports are divided into two areas: coking coal and thermal coal. Coking coal is important because it is a primarily used to make iron ore. About 630kg of coal is used to make 1000kg of iron ore. Iron ore is the raw material used to make steel. Thermal coal is used in power generators and to make cement.

With China and India industrialising at such a fast pace, the demand for steel has been increasing at a phenomenal pace. From 2000-2005, demand for steel increased by 6% globally. In the past 25 years, there has been a 78% increase in the production of coal.

Coal prices are already up 37% this year and it looks like prices are set to go even further north. Supply problems in China and South Africa as well as problems at Australian ports means that supply cannot keep up with demand. Forecasts now have coal prices doubling in 2008 and that's good news for coal companies.

Centennial Coal is a growth company with relatively low levels of debt. It's a pure energy company but mostly focuses on domestic thermal coal. The company aims to buy and develop assets which provide secure long term revenue streams and growth. The company also has the flexibility to take advantage of export opportunities as they arise.

Felix Resources is a coal mining and development company. It is aiming to be a significant coal producer in the medium term. By 2010, it should be operating 6 mines. Its strategy is primarily focused on growth. Revenues have been growing strongly and Felix is aiming to be a major producer of coal by 2010. It has more aggressive targets than Centennial and therefore has more risk but also offers more return.

Coal prices are now at record highs and it looks like these prices are set to continue on to new highs. Coal is an area that is essential for growth in countries around the world and hence the demand is likely to remain strong for some time.

Australia is one of the major producers of coal and with China growing strongly, Australian coal producers remain in a good position to benefit from this current bullish trend.

As we know, when a company is experiencing growth there is always the opportunity for investors to jump on board and make some profits. Keep an eye on this sector in 2008.