The biggest red flag I can see from the report are the smooth net margins and higher net margins then peers.
Will be interesting to see how the market views this once its begins trading again.
"CCP net margins are not just smoother, they are also higher than the net margins of peers (the only exception is a Sweden-based debt purchaser Intrum Justitia, which has reported high net margins similar to CCP but with higher volatility)."
Harry Markopolos, a US forensic accountant, thinks investors should be skeptical when dealing with the outstanding performance:
“Focus on the manager or the company that is head and shoulders above the rest. Whenever
somebody has outstanding performance, Wall Street assumes genius. I assume fraud until genius
is proven. Look for the outperformance and investigate there… If the numbers are too good to be true, they rarely are”.
- Forums
- ASX - By Stock
- CCP
- Why Are We Still in Pre-Open ?
Why Are We Still in Pre-Open ?, page-25
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CCP (ASX) to my watchlist
|
|||||
Last
$15.69 |
Change
0.220(1.42%) |
Mkt cap ! $1.067B |
Open | High | Low | Value | Volume |
$15.38 | $15.76 | $15.31 | $1.429M | 91.55K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 800 | $15.58 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$15.70 | 544 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 495 | 15.350 |
1 | 700 | 15.310 |
1 | 195 | 15.300 |
1 | 2000 | 15.250 |
2 | 195 | 15.200 |
Price($) | Vol. | No. |
---|---|---|
16.040 | 35 | 1 |
16.100 | 125 | 1 |
16.110 | 237 | 1 |
16.200 | 40 | 1 |
16.250 | 800 | 1 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
Featured News
CCP (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online