CDI challenger diversified property group

I have limited dated research...Summary:Est lowest of cash or...

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    I have limited dated research...

    Summary:

    Est lowest of cash or net CA: Net CA deficit of ~110m.
    Asteroiders dodgy net realizable asset/capitalization ratio: 209%
    Asteroiders dodgy liabilities/assets(ex-intangibles) gearing: 37%
    Recent reported NTA/sh: $1.01
    Recent reported PE: 7.2
    Est forward PE: unknown.
    Recent reported div/sh: $0.08
    Est forward div/sh: unknown.
    Recent reported debt/equity ratio: 40

    Est average price of $0.53 for 1.8% of issue traded in last 20 days.
    Est average price of $0.5 for 0.4% of issue traded in last 8 days.

    Current volume 21% of 100 day average volume.

    >>

    They must have a Refi coming up due to the short term debt on the balance sheet, but I have not looked into it in depth.

    Another think I dont really like is the low turnover on the stock, as there is always the chance a major shareholder has yet to dump in distress. IMO (might be wrong) low turnover stocks reflect value attributed by major shareholders, rather than the market. Hence the 209% ratio above is far below many other REIT's. Might be because it is a better company though - I am interested in hearing about it.

    >>

    Please DYOR, my research can be dated, inaccurate and always superficial. I have a limited grasp of financial complexity. If this post interests you, you will best be served by finding an analyst report on the company. This is not financial advice. My gearing and asset ratios are unconventional as ignore assets I dont like the look of, and I always fail to track off-balance sheet exposure.
    I have frequently been proven far more incompetent than I believed myself to be.
    Any comments correcting misstatements or adding insight are welcome.
 
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