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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- Ann: Vodafone partnership delivers CCG services to Pacific region
Ann: Vodafone partnership delivers CCG services to Pacific region, page-23
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Last
5.5¢ |
Change
-0.003(5.17%) |
Mkt cap ! $21.14M |
Open | High | Low | Value | Volume |
5.6¢ | 5.6¢ | 5.5¢ | $55.82K | 1.012M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 232263 | 5.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.3¢ | 272143 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 232263 | 0.055 |
3 | 524172 | 0.054 |
1 | 260000 | 0.053 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.063 | 272143 | 2 |
0.065 | 123189 | 2 |
0.068 | 166666 | 1 |
0.078 | 112857 | 2 |
0.079 | 41118 | 1 |
Last trade - 16.10pm 13/06/2024 (20 minute delay) ? |
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Last
5.5¢ |
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Change
-0.003 ( 5.17 %) |
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Open | High | Low | Volume | ||
5.6¢ | 5.6¢ | 5.5¢ | 145309 | ||
Last updated 13.33pm 13/06/2024 ? |
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CCG (ASX) Chart |