CLH
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0.00% 6.8¢ collection house limited

Folks, despite the keenness to read a positive spark into any...

  1. dantdm2017
    121 Posts.
    lightbulb Created with Sketch. 12
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    22/04/22
    11:05
    Post #: 60965085
    Folks, despite the keenness to read a positive spark into any news, I'm fairly sure the sale of the Balbec book to PNC is not a good news story for CLH. Balbec are pulling the pin on their servicer and shifting to the stronger partner PNC, ending an almost 10 year relationship. CLH is entitled to some kind of payment in lieu of commission but it is crumbs compared to what was once made out of this relationship. Yet another "client" lost.
    CLH Price at posting: 12.0¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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