Future of COMD

Rajee · 1 Future of COMD Tue Jun 21, 2011 8:57 pm

Rajee

Stock Analytic

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Kindly share your thoughts on the future of Commercial Development Company PLC...
Is it a good counter to hold??

Gainer · 2 Re: Future of COMD Wed Jun 22, 2011 12:10 am

Gainer

Associate Director - Equity Analytics

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COMD-i think it's a valuable illiquid stock, i think 2end major shares holder selling total qty 53000 shares already he sold nearly 20000 shares now only 33000 shares still have to sell after this qty sell out COMD may move atleat 50% gain.i have already 1200 shares,today i bought 800 share at 134.90 today it's went up 165.00 then came down.

Last edited by mark on Wed Jun 22, 2011 12:14 am; edited 1 time in total (Reason for editing : deleted some points which giving direct buy implications,and edited accordingly as suitable for express user's opinions)

Rajee · 3 Re: Future of COMD Wed Jun 22, 2011 12:43 am

Rajee

Stock Analytic

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Age : 42

Thanks a lot mate !!!

Tiger · 4 Re: Future of COMD Wed Jun 22, 2011 8:22 pm

Tiger

Assistant Vice President - Equity Analytics

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I have disposed off all my COMD. I believe that at this price level its overvalued, even if the assets were revalued fundermentals not going to be change. Unless there is a change in dividend payment policy. I hope that in medium term this will come down to historical levels. The reason for major shareholders selling could be that they are booking profit.