CCV 2.63% 18.5¢ cash converters international

Ann: Dividend/Distribution - CCV, page-26

  1. 1,482 Posts.
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    Yeah I agree with you, reduction in SP from 80c to 15c (at its worst) and a capital raise in the middle to pay the CA, there is absolutely no doubt that the company has over the last 6-7yrs destroyed value.

    I got in well too early and have learned a lesson, I have bought on the way down though and have a 19c average... However I have liked what management have done since 2019, and there has been a clarity in strategy and also a clarity in earnings. I think you are right though that it is going to take at least another 12mnths of strong execution for the sentiment to change.
 
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