cer exposure is 27 odd cents to super llc.So at worst if super...

cer exposure is 27 odd cents to super llc.So at worst if super llc was to fail then there would still be a future for cer as they are only liable for their equity in super llc.If we are talking about short to medium term value, current prices represent good value.I hold both stocks but i couldnt resist buying more cer as my holding is more in cer.The reason why the share price is more is because less riskier than cnp currently with gearing at roughly 60 odd% i.e much less debt and intrinsic value is higher in my opinion.But in the longer term cnp will probably have greater upside if debt levels can be fixed.There will be upside to cer as well if super llc exposure is recapitalised or debt levels in cer position is lowered.So i wouldnt be selling any stocks at these levels i would probably hold both if you currently have the stock.