CCV 0.00% 22.5¢ cash converters international

CCV is on the move, page-47

  1. 575 Posts.
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    For the year ending June 20 I think that including the one off impact of the class action of $43m the Net loss for the year will be around ($20m).

    For the year to June 21 if Cash Converters could make around NPAT of $19m then the EPS would be around 3.1cps. A dividend of say 1.5cps would then be reasonable. Based in the current share price this would be a dividend yield of 6.5% and a PE of 7.5.

    I am happy to wait it out for now. There is some light at the end of the "long tunnel"


 
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