CCP credit corp group limited

Ann: Credit Corp Group FY16 Results Presentation-CCP.AX, page-21

  1. DSD
    15,962 Posts.
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    Exc forecast and spot on the money. My point is that while the result was good... it was not much higher than several posters and analysts had been forecasting i.e. the result was a bit above what the company itself had been forecasting/projecting. But the SP suddenly rose 5, 10, and eventually 19% before subsiding. How can it be that it seems to be such a 'surprise' when many/most shareholders were expecting this? Just shows what can happen if traders suddenly jump on board! To pay over 16 bucks is extraordinary. Company 'outlook statement' for FY17 is positive.
 
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