Encore Capital's view of the impact of Covid-19 is not as severe as Mr Market's view in respect to CCP. The 2020 Q1 report states. Many of the hardships brought about by COVID-19 and the measures implemented to contain the spread of the virus are similar in nature to the hardships encountered by our consumers on a day-to-day basis.” Encore may well be gilding the lily.
See https://www.globenewswire.com/news-...ces-First-Quarter-2020-Financial-Results.html . The reference to Cabot is a reference to Encore's business in the UK. Encore's SP is about $US30, but the company has an inferior track record to CCP.
News: CCP Credit Corp Group Looks To Raise Up To A$150 Mln, page-49
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Last
$15.62 |
Change
0.180(1.17%) |
Mkt cap ! $1.063B | |||
| Open | High | Low | Value | Volume |
| $15.06 | $15.66 | $15.05 | $7.055M | 453.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 335 | $15.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.66 | 808 | 2 |
View Market Depth
| Last trade - 16.10pm 01/08/2025 (20 minute delay) ? |
| CCP (ASX) Chart |