After a bit of dithering, I've added s modest position in CCG to my portfolio.
There's a lot to like about CCG - it's operating in businesses characterised by industry tailwinds, no debt, net cash, solid top line and EBIDTA growth forecast, big-name business partners, management with skin in the game and undemanding multiples for the industry. Potential as a takeover target is noted but not part of my analysis.
Things I didn't like - employee compensation is a very high percentage of revenue for this type of business (but should come down as the company scales up) and I see no prospect of a dividend in the near term.
Thanks to all those who've posted.
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After a bit of dithering, I've added s modest position in CCG to...
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Last
6.9¢ |
Change
0.002(2.99%) |
Mkt cap ! $26.66M |
Open | High | Low | Value | Volume |
6.8¢ | 6.9¢ | 6.2¢ | $45.18K | 701.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 139909 | 6.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.0¢ | 95285 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 139909 | 0.062 |
1 | 100000 | 0.061 |
1 | 103891 | 0.060 |
1 | 53571 | 0.056 |
1 | 100000 | 0.051 |
Price($) | Vol. | No. |
---|---|---|
0.070 | 95285 | 1 |
0.075 | 102857 | 1 |
0.078 | 10000 | 1 |
0.080 | 384135 | 1 |
0.081 | 6181 | 1 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
CCG (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
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