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Message Boards Settings Cedar Shopping Centers In (CDR) - Quote Info
Better than i had hoped     26-Oct-09 10:53 pm    
Rio Can's web site has the details of the properties that Cedar is putting into the joint venture. Looks like we will get a boat load of cash as the total mortgage amount is only 55% or so of the value. One way or another Cedar should come out of this with 50M + 40M for the shares and eventually another 10M for the warrant shares. I think we went from OK to very good in the capital area. Looks like the dividentd will be back soon and after the 3 year stand still RIO will be a likely suitor. After this is done Cedar will have two potential buyers who will hold together close to 30% of the stock. I think one will win a bidding war in 2013 and the other will make a nice profit on their shares. What a difference one PR makes!!
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Better than i had hoped
mike1939200... Not rated 26-Oct-09 10:53 pm  
 
Seems to me some of the cash received then will go...
nemaha2005 Rate it 26-Oct-09 11:07 pm  
 
Rio 's site has the exact numbers. The Cedar...
mike1939200... Rate it 26-Oct-09 11:31 pm  
 
The stock had been manipulated by big pl...
westech2 Rate it 27-Oct-09 01:46 am  
 
And it looks like delaying the issu...
nemaha2005 Rate it 27-Oct-09 10:33 pm  
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Cedar Shopping Centers Inc. (CDR)

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