bid on its way..., page-16

the question is simple. CDR needs a helping hand. Will anyone fork out some money to help CDR out of this? My bet is yes. Reason being CDR is a strong business that took a wrong turn.. and it has a hell of a lot of revenue for anyone to turn a blind eye to.. actually looks quite attractive as efficiencies from a new mangagement perspective could smash current profit levels.. nothing fundamentally wrong with CDR at all.. one bad product that is apparantly fixed.. and a lot of debt.. which can be paid off. both of which are not company ending flaws... what they are.. is 'BAIT' for the hunter.. very very attractiv bait.. and something i think will be snapped up quite easily

summary
- nothing fundamentally wrong with CDR (shown by continued growth, support from banks + govt dpts)
- only flaws are a bad year, with poor performance in one product
- big 300m debt
- market cap has dropped over 80%
- someone is going to pick this baby up.. a very very attractive takeover target atm