Defaults will increase but the recoverability of debt typically reduces. In my view the new business is offset by the decrease in recoverability. I've read educated opinions that have been very compelling in their contrasting views on whether interest rate increases improve the bottom line, or not. Sentiment towards the collections business as an investment definitely improves.
- Forums
- ASX - By Stock
- CLH
- General discussion
General discussion, page-5
-
- There are more pages in this discussion • 43 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)