CLH 0.00% 6.8¢ collection house limited

Ann: CLH Company Update Presentation June 2020, page-2

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  1. 3,027 Posts.
    lightbulb Created with Sketch. 1155
    hmmm...a 54m reduction in collections (1/3rd of the total) only results in a 7m impact to NPAT?

    And surely coming back to a ~50m annual PDL purchasing is going to have a significant impact on collections & revenues in future years.....I'm not sure how they solve for this apart from a CR or renegotiating their debt with some headroom, but not sure mgmt have the trust of shareholders or bankers to to give them more funds given their track record.


 
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