CCP credit corp group limited

on the move something up maybe, page-3

  1. 1,088 Posts.
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    YYY - something might be building but what is the question?

    Personally I think that the recent review and scaling back of the Lucas led growth at all costs approach is having a positive effect upon the company generally.

    I'm impressed that they haven't pumped out hollow good news announcements just to keep the sp running - this indicates to me that they are busy behind the scenes reshaping the company and focusing on the basics of their proven business model. I'm not sure when their next update is due but they will invariably have to put out their half yearly accounts and therein will lie some of the answers that we shareholders will be looking for.

    I said it was a good buy at $4.30 - so what do I know? I bought some more when the sp was falling so I have a good position the thing is - will they recover some of their former glory? I think so as debt in our society will always be a big issue and recovering that debt will always hold a profit - just need to purchase sound debt ledgers that will produce a decent result. From what I have read they purchase debt at around $0.15c in the dollar and look to recover around $0.75c in the dollar. I never predict future sp as it's a futile exercise imo. So I won't go there, suffice to say anything better than today's sp and tomorrows sp will be a good thing.
    Just my opinion and always DYOR.
 
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Last
$13.28
Change
0.340(2.63%)
Mkt cap ! $903.9M
Open High Low Value Volume
$13.20 $13.49 $13.04 $3.258M 244.5K

Buyers (Bids)

No. Vol. Price($)
1 799 $13.23
 

Sellers (Offers)

Price($) Vol. No.
$13.32 1640 2
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Last trade - 16.11pm 24/06/2025 (20 minute delay) ?
CCP (ASX) Chart
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