CPK 0.00% 0.7¢ cp1 limited

only one way it seems to be going, page-3

  1. 129 Posts.
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    The current problem is the parent CIY.
    This stock is suffering death by 1000 cuts.

    CIY must eventually go through almost 100% redemption.
    There is no other way I can see.
    It could up on the scrap heap - another victim maybe.
    What that means for CPK is uncertain.
    CPK has borrowed heavily, and has higher interest rates and perhaps a property downturn to deal with.

    Some might say it has over-borrowed, with over-priced property, a parent in trouble, and perhaps facing a property downturn.

    It's damn cheap - someone might buy it.
    Just my 2c worth.
 
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Currently unlisted public company.

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