Thanks everybody,
As said, I picked up the unit in this condition. It is not clear whether the CD worked before it was dropped to the floor. What is clear is that somebody, unprofessional, tried to repair it and gave up.
Ill do this.
1-As suggested make a better repair of the PCB in the damaged corner (However I've already secured and measured all connections in that area)
2- Check power supply,. Done, seem OK, 5V & 9V to the servo board id OK.
3- Change caps. Done so with some caps i had laying around, Didn't help. Ordered new ones.
4- If above don't help, change the laser. However, if bringing the unit into test-mode, you can actually see the red light from the laser, indicating it's working. I don't know if it can be working but maybe not strong enough. On the CDM 12 the is no adjustment for laser current or focus so there not much you can do apart from changing the whole unit.
One can also suspect that maybe the previous attempt to repair caused some faults to the servo board. The circuits are very sensitive to static electricity.
I'll keep you posted.