CCP credit corp group limited

Ann: Credit Corp Group H1 of 2018 Results Presentation, page-50

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    CCP would value Nimble's debtors via its own evaluation processes. What the final value would be could exceed, or fall short of Nimble's book value of its debtors, less Nimble's provisioning for bad debts.

    I do not think CCP would pay for goodwill, brand names, and the like, because CCP would want to pull Nimble's customers into its own unsecured loan business, which is styled to not attract adverse publicity. CCP would wish to avoid pay-day-lending odium, including misplaced odium arising from the semantic dishonesty of ASIC, and others, who make statements like, “Small Amount Consumer Credits (SACCs), also known as payday loans. Thomas Berigi put out an Announcement on the matter of ASIC's odium casting – see https://www.asx.com.au/asxpdf/20151023/pdf/4329q4ls80tcpr.pdf
 
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Last
$13.20
Change
0.290(2.25%)
Mkt cap ! $898.4M
Open High Low Value Volume
$12.89 $13.30 $12.70 $7.519M 570.1K

Buyers (Bids)

No. Vol. Price($)
1 2000 $13.18
 

Sellers (Offers)

Price($) Vol. No.
$13.24 3024 2
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