CCP 1.77% $14.38 credit corp group limited

Ann: FY2020 Unaudited results update, page-24

  1. 1,854 Posts.
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    And yet they have a rock solid balance sheet with a very strong capital position and a successful and well timed CR behind them. Fully funded to see themselves through the next few years and a well structured business model to make bank on the other side.
    Go give yourself a history lesson as to how they performed during the GFC years and the share price movement in the decade that followed.
    I was buying in 2009 at $0.60. I sold 4 years ago at around $17.
    You can wait a few years until uncertainty subsides but do you think you'll still be paying $16 by then?
 
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