HSP,Hope that people did not get out last week.....just a few...

HSP,

Hope that people did not get out last week.....just a few weeks ago, Banpu purchased almost 14% of the company at 25% premium to the market price (they got the lot at $5 when it was available at $4)......that was the biggest bullish signal that could be received from this counter....agreed that post this buy, the overall market slipped from 5050 to almost 4200 or so and CEY took a beating too with it....but things are not over at CEY by the look of it....Banpu has now increased its stake from 14% to 19.9%....so they have taken this opportunity to trickle buy all the way from low 4s....I think they cannot buy anymore as they are near the 20% limit....

But selling now at this point is not advisable.....maybe some could book profit for 10-20 % of their holding if they bought this one sub $2....but selling out now would not be a smart move....

Hope all bought last Friday...you could be sitting on more than 10% profit in the last 3-4 trading sessions if you bought it on time last week !!!!