CER centro retail group
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why dump at close, page-11

  1. scrabble1
    5,874 Posts.
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    15/10/08
    16:03
    Post #: 4392688
    Hi Hope

    I dont like to disclose the quantity but I am holding at an average of bout 11.5c.

    For me CER is a bottom drawer stock and am holding CER for its distributions. Im not too interested in its daily movements.

    I wouldnt be surprised to see an Australian bank take on the refinancing of CER's US liabilities (except for SuperLLC). As I pointed out the other day the value of the US assets is significantly greater than the value of the US liabilities.

    Anyway we shall wait and see.

    Cheers
    CER Price at posting: 11.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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