I tend to agree, CDP is almost 10% of my shareholdings now but...

I tend to agree, CDP is almost 10% of my shareholdings now but like CDP appeared priced for desolation a mere month or so ago, SCG and especially URW were also in the basement more recently and (given the underlying assets) just too tempting.

There's a lot of debt in URW and management seemed determined to gift the underwriters a fortune in a Rights issue but that now appears off the table.

If we have a European property crisis I might do my dough on URW entirely but in most other scenarios (especially if we get a vaccine in early 2021) I expect to get a better return over 2-3 years on URW than from where CDP is now. It's already up 30% for me in little over a week (down from 50%).

Purely speculation and opinion on where things might be in 3 years but that's the market.