sharetrader
Page 1 of 17 1234511 ... LastLast
Results 1 to 15 of 247
  1. #1
    Member
    Join Date
    Apr 2002
    Location
    , , New Zealand.
    Posts
    134

    Default CDL & CDI ... Another Great Result

    CDI

    CDI
    05/08/2004
    HALFYR

    REL: 1149 HRS CDL Investments New Zealand Limited

    HALFYR: CDI: HY to 30/06/2004 $4.734m ($3.686m) +28.4% No Div


    CDL

    CDL
    05/08/2004
    HALFYR

    REL: 1149 HRS CDL Hotels New Zealand Limited

    HALFYR: CDL: HY to 30/06/2004 $9.352m ($8.166m) +14.5% No Div


    Disc: holds cdl & cdi
    *WONKA & THE CHOCOLATE STOCKMARKET FACTORY*

  2. #2
    Member
    Join Date
    Apr 2004
    Location
    , , .
    Posts
    352

    Default

    Are these part of your income portfolio ?

    Disclosure : Jealous becos not holding any.[B)]

  3. #3
    Reincarnated Panthera Snow Leopard's Avatar
    Join Date
    Jul 2004
    Location
    Kuching
    Posts
    379

    Default

    I admit to knowing little about these two, but a quick look suggests that research is in order. Given their NTAs, P/Es and a reasonable profit their current price seems to have potential.
    Is CDL under-priced do you think?
    om mani peme hum

  4. #4
    Member
    Join Date
    Apr 2002
    Location
    , , New Zealand.
    Posts
    134

    Default

    Both are good long term stocks. Gives good div for full year result and continue to make record profits. All in all I am a happy holder.
    *WONKA & THE CHOCOLATE STOCKMARKET FACTORY*

  5. #5
    Member
    Join Date
    Mar 2004
    Location
    Gold Coast, Australia.
    Posts
    41

    Default

    I purchased shares in CDL in early 2003 at 27 cents after reading some of C9's posts. I normally keep clear of hotel stocks, but did some research myself, liked the recovery story and fundamentals at the time and bought in.

    Still holding now and see no reason not to at this stage.

    So I really do owe C9 a beer. Proof that you can make good money reading posts in Sharetrader, as long as you do your own research and take responsibility for your own decisions.


  6. #6
    Junior Member
    Join Date
    Jun 2004
    Location
    , , .
    Posts
    7

    Default

    I got some at 37c a year ago and they are now 47c so I'm not complaining at that and they pay a good div and dont forget that
    shareholders get a 50% discount at their hotels! Their pe is now 10
    so I'm not so certain about further growth so I would be looking for something on a lower pe when I buy again - like AFF

  7. #7
    Member
    Join Date
    Apr 2002
    Location
    , , New Zealand.
    Posts
    134

    Default

    I am both very happy with CDL and CDI.

    CDI is an interesting one to watch. Alot of cash in the bank, NTA @ 26.5 cents with a good half yr profit of $4.74m, assume they can make $8m for the full yr and a market cap of $54m, gives it a p/e 6.75. The only thing you have to be careful of is that the NZ property market have slowed, but that is good for the long term trend.
    *WONKA & THE CHOCOLATE STOCKMARKET FACTORY*

  8. #8
    Junior Member
    Join Date
    Jun 2004
    Location
    , , .
    Posts
    7

    Default

    I had some CDI but sold them a month ago at 27c because I felt there was not much upside because of residential building slowing down.
    Bought TWR with the proceeds. Thats far more exiting.

  9. #9
    Junior Member
    Join Date
    Sep 2002
    Location
    Wanganui, , New Zealand.
    Posts
    6

    Default

    I've nearly doubled my $$ on CDL. Go you good thing.

  10. #10
    Member
    Join Date
    Nov 2001
    Location
    Auckland, NZ
    Posts
    129

    Default

    Hat-tip to C9 here again folks, just like PVO

    The original CDL bull ...good one C9


    CDL is UNDERVALUED, seems to be in a long term uptrend and as we know is way under NTA, exposed to tourism and making a profit.

    I really think you will have made a long term mistake Farouk, I hear your story but that is surely the worst of their hotels from the ones I have personally been to. It may not happen overnight but I will double my money in the next few years.

    Very comfortable at 24c.

    C9

  11. #11
    Member
    Join Date
    Jul 2000
    Location
    Tokyo.
    Posts
    39

    Default

    Thankyou guys esp Cap my darling and boring.

    Its been a real goody and not talked about too much....

    dont forget the nice wee divvys when we add to the 100% cap gain


    Solid backing, NTA and tourism, and to top it off the property boom.

    Still good value but not quite the bargain we got in the low 20s
    Buffett Burger

  12. #12
    Member
    Join Date
    Jul 2000
    Location
    Tokyo.
    Posts
    39

    Default

    BTW

    this stock could easily have another 20% in it by 05.

    a full year result of around 18-9m would see it rerated and even on a PE of 10 would give a market cap of $190m

    all very reasonable assumptions imo


    55-56c looks likely so another 20%.

    Buffett Burger

  13. #13
    Junior Member
    Join Date
    Mar 2001
    Location
    NZ/UK
    Posts
    8

    Default

    THL has had a good run lately. Interesting to compare to CDL...

    <pre id="code"> CDL THL
    p 0.49 1.95
    p/e 6.5 17.1
    NTA 0.68 1.43
    div 2.9% 6.2%
    </pre id="code">

    The dividend and possibly diversification of revenue is the only thing in favour of THL. CDL is trading at a significant discount to NTA while THL is at a premium. Who also has the best track record?

    In saying the above I still think THL has a little bit to go yet.

    For a six month outlook though, I see CDL as possibly one of the lowest risk vs return stocks on the market. Especially considering the recent bull run of the NZX in general. It's tightly held and has large institutions (inc ACC) behind it.



    The P.O.D.

  14. #14
    Member
    Join Date
    Sep 2004
    Location
    Rakino Island, , New Zealand.
    Posts
    420

    Default

    Interesting reading.

    Hey, whats up with CDI? Noticed a nice move upwards lately.
    This stock shines so bright that it \"Bling Blings\"

  15. #15
    Member
    Join Date
    Jul 2001
    Location
    auckland, , New Zealand.
    Posts
    43

    Default

    One of the big broking houses has put a buy on them.(Beantown I think)

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •