good finish, page-10

I actually managed to speak with Management of CDR on Friday and they confirmed that they have won numerous tenders since the shares were suspended and that several of these "deals" will be made public in the next few weeks. Similar to the Dept Finance one.

Most of these tenders are large dollar amounts and the fact that CDR is now traded again will give suppliers a lot of confidence and restore trading conditions to the norm.

I am long roughly 400,000 shares and will buy some more on Monday if they get back to around 40 cents.

If you look at all the bio tech rubbish and mining crap out there with sky high market caps its hard to understand how CDR is valued @ 96 Mil with forecasted sales of 1.2 bil and EBITDA of say $75 Mil.

Remember that whilst suspended I am sure the company and board undertook a massive accounting exercise and come out in October and confirm the numbers that were presented to the market 2 months ago is big for this company which has suffered from 3 downgrades in the months prior.

Another BIG Issue is look @ the top 20...almost all of management have a lot of skin in the game with CEO almost 5 Mil shares, CFO 4.5 and the others with substantial holdings also....

I am a buyer and continue to be a buyer until something raises its head which tells me otherwise.

JP Morgan I believe and COMSEC were large sellers on Friday with JP being a big buyer before the shares were suspended and COMSEC being those puinters who were locked up in the stock for 3 weeks desperate for cash !

The DOW falling has no impact on this stock there may be some more selling but this is a BUY and the auditors and CFO would not have re-confirmed earnings if this was simply not possible.

Management are very focused on turning things around and I understand lower level staff at the company have requested to be able to buy shares in the company to show support.

Franchisees are also keen as mustard as since July 2007 they have a real reason to perform and will be desperate to grow Commanders share of the SME market.

Plus you will no doubt have 2 -3 Telco's looking to buy the business and one or two others looking at parts.

I have even heard that several have already made approaches but have been referred to ABN and will get access to the data room come Monday.

Good Luck and those holders hold the faith and remember that this companies SP will go up based on fundamentals but made trade lower based on sentiment with fundamentals always winning out !

How will you feel if you sell @ 40 cents only to see a bid come at 80 cents in 2 weeks ?

The Press have been very rough on CDR and remember only bad news sells papers !! Thats why you never see any good news on the stock lately ! IE Tenders Won !