CDR - Commander Communications

[sigmadelta]

It's UBS nominees, I think not UBS themselves.
On behalf of an anonymous party, their customer.

They were happy to let the previous larger shareholders push the market down, while accumulating on weakness.

 

[MannyB]

Well its hit 60cents today... We may hopefully see an improvement there... Looks however like someone is buying up big during this weakness... Wouldn't be surprised if we see a take-over bid coming...

 

[ROE]

it's on the move baby I'm glad I buy when everyone is selling
a few percentage points a day for the next 7 days will be nice

 

[SevenFX]

it's on the move baby I'm glad I buy when everyone is selling
a few percentage points a day for the next 7 days will be nice

Well bought ROE. Around 47c I beleive

Why did you pick the bounce there, apart from the fact that it fell a long way, and SEEMED like good value.

Be interested to see it break the 70c-72c mark

Cheers
SevenFX

 

[juw177]

The huge stopping volume spike prior to this current rally is a strong indication of a trend reversal. Let's see how this plays out.

 

[MannyB]

I bought some more at .515, so good to see them moving (make up some of the losses made on CDR from the first lot purchased at over $1.00 each)... Glad I did (missed the bottom of .44, but still happy)

Cheers,

Manny.

 

[ISMON]

I bought some of these at .48 & again at .54, im a beginner in the sharemarket, this looks like its my first good desicion.

Also I just broke my post cherry. whoo!

 

[MannyB]

Well done Ismon, its a speculative stock, but it hopefully will deliver the goods

Cheers,

Manny.

 

[ROE]

Well bought ROE. Around 47c I beleive

Why did you pick the bounce there, apart from the fact that it fell a long way, and SEEMED like good value.

Be interested to see it break the 70c-72c mark

Cheers
SevenFX

Well I had my target range on how much CDR was worth so I buy it initially at 69 cents but not above that and when it hit rock bottom I buy it again at 48 cents.
Has it fall further to like 20-30 cents I would buy it some more but it didn't so

Average down on the price I'm willing to pay is something I play often and It could one day go into a bust but never yet in my history

When I'm sure of something I'm my own man and very few people can influence my decision. Mr Market and Fund Managers can exit all they like and jump ship.
I'm staying focussed and aim for the perfect pitch.

 

[juw177]

Sellers seem to have been exhausted in the last few days of hovering around under 60c because today's 9% rise was without much resistance.


Edit: Up 10% now

 

[ROE]

Seven offer to buy unwired for $127 Mil
CDR own 80% of iBurst which offer similar service and in my opinion a better wireless internet provider ... the whole CDR is worth less than 144Mil at today trading price ... that look cheap

 

[3 veiws of a secret]

I wish I was a fly in the accounts room @ CDR .......I reckon they're milking the overtime rate.......
Needless to say the mess is a mess judging from todays situation !

 

[greenfs]

The failure to lodge accounts on time proves to me that this is a basket case and any current holders should now take the first opportunity to recoup what capital they can when the share recommences trading.

It seems to me that management should have ensured at whatever cost that the accounts were posted on time to try and retain a degree of integrity and respect for the share.

It seems to me that unless key management undergoes substantial change, there is now next to no hope for the immediate future direction of this company.

To state the bleeding obvious, the most likely way of implementing desired management change must surely now come via a takeover.

 

[quarky]

looks like trading has been suspended for CDR today.

maybe there's takeover activity,..hmm...Optus buying Commander?

 

[juw177]

looks like trading has been suspended for CDR today.

maybe there's takeover activity,..hmm...Optus buying Commander?

It states exactly why the suspension took place if you read the ASX announcements. Though a takeover would be nice for us holders.

 

[ROE]

Yeah take over at 70 cents a share please and sack the current management
they are lazy and not doing anything to improve the share price, especially with the latest lodgment bungle.

Three strikes and you are out that how I would like CDR to play

 

[juw177]

My oh my, what is going on with these guys. Are they purposely trying to make us holders panic some more?

 

[edvisor]

I feel its all done on purpose. Adrian Coote is too clever to let this sort of oversight lapse - Spindoctor 101, its just not good for PR.

Maybe they want to temporarily stop all this panic/frustrated sell down activity which makes for worst PR.

Looks like UBS did a nice short term trade for their clients picking up a substantial holding and selling down about 5c later.

Dark days for Commander. They have lots to fix up, but its not insurmountable. They are still winning sizable contracts despite copping heaps in the financial press.

I do like their 360 strategy, but it shouldn't happen at all cost. They will learn from their Volante mistake. They have to.

It would be a good gesture for Adrian Coote or the Chairman to make some sort of public announcment to ease shareholder concerns. It's times like this the CEO needs to make a showing and justify the level of respect others in the telco/technology industry have for him. Otherwise he should step down and let someone else take the reign. Despite its debt levels, Commander is still a good company with good assets.

 

[ROE]

It has been a couple of days since the trading halt put on CDR
when are they going to lodge their account .

I want to see my stock rise or fall, cant stand watching it sit idle

 

[MannyB]

I was talking to one of the Commander Technicians yesterday, as we deal with them on a regular basis & said he has been speaking to his management & sais that they are doing very well (in the business) & even he said that he has been buying up as many shares as he can afford (which is in line with what sales staff were telling me a few weeks back)... I wouldn't be too worried about the trading halt, however doesn't give you much faith in senior management (although you never know, they may be up to something in the background, I suppose we just have to wait & see)...

Cheers,

Manny.