CLH 0.00% 6.8¢ collection house limited

Ann: CLH Company Update Presentation June 2020, page-4

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  1. 264 Posts.
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    The $90m PDL write-down ($90m impact to EBIT) took the brunt of this.

    They've now published the estimated future recoveries curve. Going toward, investors need to make a judgement whether this curve is a realistic representation - flat collections for 3 years without additional purchasing contributions - or if it's still optimistic based on historical collections and the possibility of future writedowns ensuing.
    Last edited by tomhagen: 10/06/20
 
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