CCP 1.12% $17.70 credit corp group limited

Ann: Credit Corp to acquire assets of Radio Rentals, page-5

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  1. 7,476 Posts.
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    I was feeling a bit uneasy mainly from thinking about the track record of RR. Not exactly positive from consumer POV or investor POV.

    That being said, you could spin that to say CCP has an opportunity to run the business more efficiently and more sustainably.

    That's a good point regarding the staff situation, that will reduce integration issues.

    Interesting that the CEO mentioned CCP was looking to get into consumer installment. That's not something I would have guessed.

    At least RR no longer has the store footprint, and you'd assume with 'synergies' RR will be able to lighten its costs further.

    Perhaps also some benefit from the existing customer database? CCP presumably will market WalletWizard to RR previous customers, in addition to marketing WW customers with RR deals.


    Last edited by JoeGambler: 30/11/21
 
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