CCP credit corp group limited

Ann: Credit Corp Group FY18 Media Release, page-39

  1. 39 Posts.
    lightbulb Created with Sketch. 7
    Company reaffirming profit guidance provided 6 months prior only a month or so before a result release should have been a strong signal to any shorter to close out their position. It indicated the company would at the very least meet guidance with possibility of earnings beat; would have been negligent or misleading to reaffirm without knowing for certain considering the accounts were pretty much at period end. Second warning would have been Bennelong Partners (2nd best performing fund manager in last year or so I believe) taking $71 million position. Congrats to BP for now making their clients approximately $11 million in the space of 1 month, and to anyone else who bought the 16% bounce. To quote Hempton on shorting, 'A thesis which says "I gotta wait for government" is a bad thesis.'
    Last edited by birdlives: typo 02/08/18
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$15.36
Change
0.270(1.79%)
Mkt cap ! $1.045B
Open High Low Value Volume
$15.20 $15.50 $15.18 $1.754M 114.1K

Buyers (Bids)

No. Vol. Price($)
1 700 $15.10
 

Sellers (Offers)

Price($) Vol. No.
$15.40 700 1
View Market Depth
Last trade - 16.16pm 28/07/2025 (20 minute delay) ?
CCP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.