Well treibs you are certainly entitled to your opinion, however it seems to me that what you & all the downrampers fail to recognize is that whilst financial institutionshave requested some money to be paid (aprox $150mil by 30th may), the crux of the whole situation is, that THEY HAVE ALL (the banks)voted to continue a working relationship with CNP management (and I think bankers might know a thing or two about money etc)thus allowing more time to reduce current debt levels which they have leveraged for & are continuing to build, develop & refurbish more shopping centres to earn more money. CEO GF has explained that the smaller size but extremely higher no. (aprox 700) of shopping centres are much more diversified & therefore more stable to continue paying their leases/rents in todays current market with confidence. Feel free to choose another co to invest in, but IMO people whom hold no stock and have little constructive criticism should p o q, I also note whilst you say there are better ops elsewhere, you have not put up a better investment co idea with a buy & forecast/target price with dates to be evaluated??
People who say it can't be done , should get out of the way for the people who are trying to do it!
CNP Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
