CCP 0.51% $17.70 credit corp group limited

Ann: Impairment of US ledger book and amendment to FY24 guidance, page-51

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  1. 7,537 Posts.
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    Thanks everyone for great constructive input into this CCP topic thread.
    Very informative.

    I have taken the plunge today with a 1st position. I wanted to see the second day trading performance, before taking a position.

    Its only a first position, as I could be too early in the cycle.

    Importantly I am looking through the numbers to the underlying numbers, not the headline statutory numbers.

    A case of buying straw hats in winter.

    If I 'smooth' earnings by observing over the last 10 years and compare it to today's equity, I think the price looks reasonable (but again I could be too early, and future earnings may dip further than I anticipate)
 
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