CCP credit corp group limited

It is way too early to say, but flat Aus PDL collections might...

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    It is way too early to say, but flat Aus PDL collections might be a bit of sign of a change in trend with the Banking RC related credit issues coming through. Last time CCP had shrinking gross collections was in the Dec 2014 HY results, but there was nothing at that time to create any kind of credit collections narrative that I can recall, they had decided not to buy as many PDLs - possibly due to pricing disclipline.

    We currently don't have a breakdown for Australian collections or PDL acqs for most years. Might be able to guesstimate it?
 
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