What metrics are you using to determine GOOD vs NOT THAT GOOD?
Cause everything that I track looks THAT GOOD.
Importantly, the metrics that show the balance sheet risk that CCP has with regard to the PDL assets remain strong and conservative relative to peers - even despite the big jump in purchases for this year.
The outlook statement is perhaps the most bullish that management has delivered in the entire 7 years that I have been a holder, coming from a seemingly conservative management team this is a very good indication that earnings growth will continue for the foreseeable future. The market has entered a regime where quality growth is being prioritised - CCP is a perfect candidate IMO.
6 monthly work updating my spreadsheet done, time to sit back and wait for DRP shares to hit my account.
CCP Price at posting:
$13.40 Sentiment: Buy Disclosure: Held
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