CWD share12 Jul 2019 23:30
Although CWD is an old fashioned company and need to adapt urgently but it’s massively under valued at the moment! Lot estate agency branches are too big offices and has empty room upstairs etc, also need to close loads of branches and have a bigger hub centres and covering larger geographical area and have listers and negotiator working remotely, like Foxton. CWD has lot profitable components and lot of those brand has good Will etc. More importantly Ooktree(the major shareholder) is part of the biggest venture capitalists in the world and I don’t think they will allow this company to go bankrupt. That means either the company will be bought by someone and sold it’s various parts or long term it will recover to an extent! I for see the share price to go up to at least over a pound at some point, may take up to 3/4 years. I have 196000 shares and brother over 160,000 shares, none of plan to sell this until it reached to a pound at least!