Codan - CDA

[Lizard]

I should have just put an order in when I read the above, but of course I didn't !

Anyways, I have made amends and have acquired some this morning
(? why does the price never drop to my asking price until after I have raised it ?)

For what it is worth, I value CDA at $2.25 now aiming for $2.33 by 30-Jun-2013

best wishes
Paper Tiger

At least you still got off to a good start - now $2.09 on solid turnover.

[soulman]

PT and Liz, the market is irrational. It's more than your target price now with more than a few months to spare.

[NZSilver]

CDA was the monthly recommendation on an payed australian stock newsletter that came out at the end of last month. Hence price increase.

[Lizard]

PT and Liz, the market is irrational. It's more than your target price now with more than a few months to spare.

Yes - have a few in that basket of shares that I like, but no longer at a discount to my current valuation... reduced AMA yesterday and VTG today. CDA can stay for now - I think that with the announced increase in first quarter revenue, the risk is more to the upside than the down on valuation. (Plus I don't have quite as much "profit" to take here yet).

[mark100]

Massive upgrade again. FY13 EPS could be over 30c now with consensus around currently 22c. This could see closer to $4 in the coming months

[Lizard]

Yes, great result! I'm pretty happy with that and agree that will likely continue north from current $3.00.

[Snow Leopard]

Good to see that something managed to end the day significantly up.

I definitely owe Lizard a bottle, or two, for bringing this one to my intention.

best wishes
Paper Tiger

[soulman]

Massive upgrade again. FY13 EPS could be over 30c now with consensus around currently 22c. This could see closer to $4 in the coming months

It's very close to $4 now Mark and it's been a week since your post. You can credit this to tipping forum, stockbrokers and traders for a surge like this. $4 is just a few days away.

[mark100]

Yes it's getting a little too easy soulman. Caution is warranted.

[Snow Leopard]

Codan has entered the ASX300 which explains the sudden late price and volume surge yesterday.

So I would now be able to buy it for my pension fund, should I wish.

Best wishes
Paper Tiger