lol the impairment was expected and was priced in, have to be silly to think any companies receivables are getting away without some form of impairment this earnings season. Without the impairment which is a non cash movement the PE ratio is outstanding. as the announcement said repayments are beginning to return to pre covid conditions. This is a monster of a stock. Expecting the SP to move favourably from here forth. CCP will hold a massive provision on their balance sheet for the impairment that they will be able to slowly release in future periods. If as they have said repayments aren't largely impacted the SP is severely discounted.
CCP Price at posting:
$16.29 Sentiment: Hold Disclosure: Held
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