These guys are on a mission to take full advantage of what is ahead.
"personal bankruptcies are expected to rise sharply in the year ahead. CI1 is well positioned to manage this increase in business."
"ICS Funding Ptd Ltd (ICS) and Hup Hoe Credit Ptd Ltd (HHC)...looking to expand their businesses in a difficult economic climate"
"Economic difficulties in Australia caused by COVID-19 will provide significant opportunities for CTH."
"CI1 is currently reviewing a larger loan and mortgage business in Australia, and a substantial credit management business in Hong Kong."
"CI1 is actively looking to grow is business rapidly through acquisitions that will provide synergy to the CI1 Group in the Asia Pacific region."
We all what Hong Kong has been going through and that last mention there is INSANE, they are already the largest Bankruptcy & IVA operator in HK and they are looking to bolt on to that!
They are heading towards being a fairly diversified financial services group of companies. I like their acquisition structure and the director's and owner's of each company still has plenty of ownership and skin in the game, an incentive to strive to perform and do well.
We know they have the cash and funding for many future expansions.
Most announcements these days from alot of companies is all about raising funds for working capital to keep them afloat.
Financially, I wouldn't be surprised if they continue to double and tripple their revenues year or year for the next 3 years!
These guys are on a mission to take full advantage of what is...
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