I see your point. But let's forget the cheese that I happened to use as an example. Let's say that a "package" or a unit stays the same price and if it doesn't go up, then as you correctly say - inflation is zero. But what about inflation shrinkage? You know, like when you pay $7 for an item that was only last month 250grams and next year, it's still $7 but the package has shrunk to 200 grams. That in itself represents a 20% increase even though the "price" hasn't increased. Correct? If you dare look around, you'll see it everywhere. If you like, I'll make a list of all the rip offs which essentially means that you pay more and get less - regardless of the inflation number. Remember, there's statistics, statistics and then there's damn lies.
But anyway, probably flogging a dead horse here and I'm glad that I'm not going insane regarding credit corp's result. It was crap and is now being treated accordingly. For it to push up to $24 based on the forecast of a "strong second half result" - which in actual fact just makes it inline with FY23 guidance ie: no growth, was a bridge too far. I look forward to further weakness. I've been buying under $20. But will now look to the 18's again.
The market gets bored very quickly.
Goodluck!
- Forums
- ASX - By Stock
- CCP
- Ann: Credit Corp Group H1 of 2023 Media Release
CCP
credit corp group limited
Add to My Watchlist
1.37%
!
$17.34

Ann: Credit Corp Group H1 of 2023 Media Release, page-66
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.
|
|||||
Last
$17.34 |
Change
-0.240(1.37%) |
Mkt cap ! $1.180B |
Open | High | Low | Value | Volume |
$17.58 | $17.58 | $17.06 | $7.875M | 456.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1286 | $17.05 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$17.48 | 34 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1286 | 17.050 |
2 | 1035 | 17.000 |
2 | 1820 | 16.950 |
1 | 1000 | 16.900 |
1 | 2000 | 16.800 |
Price($) | Vol. | No. |
---|---|---|
17.480 | 34 | 1 |
17.580 | 148 | 1 |
17.780 | 2000 | 1 |
17.820 | 703 | 1 |
17.890 | 1080 | 1 |
Last trade - 16.10pm 08/08/2025 (20 minute delay) ? |
CCP (ASX) Chart |