CCP credit corp group limited

buying CCP at $9.62, page-7

  1. 4,309 Posts.
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    DSD
    From the figures below, I would assume that one could with confidence predict an EPS of 95c and a DPS of 46c (see the last two rows of table below). CCP has for years tended to under promise and over deliver, so there is no need to pick a low number from any guidances management have provided. CCP tends not to update guidance for DPS. Of course, EPS could easily be a cent higher, but that is splitting hairs.

    If the January Update improves on the November Update, as happened in FY2014, the market should react positively. For the last two years, plus for part of FY2016 the numbers are:

    FY2014
    .................................... Initial ............ Updated ........... Updated ............ Guidance ....... Actual
    ................................. Guidance ....... Nov 2013 ......... Jan 2014 ........... May 2014 ..... FY2014
    PDL acquisitions ... $70-$90m... $110m-$120m ... $125m-$135m .. $135m-$140m .. $154.6m
    NPAT.................... $31m-$33m .... $31m-$33m .......... $33-$35m ...... $34M-$35m ... $34.8m
    EPS (basic)................. 67c-71c .......... 67c-71c.............. 71c-76c ............ 74c-76c ....... 75.4c
    DPS............................ 34c-37c......................................................................................... 40.0c

    FY2015
    ...................................... Initial ............ Updated .......... Updated ........... Guidance ...... Actual
    ................................... Guidance ....... Nov 2014 ......... Jan 2015 .......... April 2015 ... FY2015
    PDL acquisitions.... $70m-$90m ... $80m-$90m ... $120 - $130m ... $130 - $135m ... $155.1m
    Net lending............ $40m-$50m .... $40m-$50m ...... $40m-$50m ..... $40m-$50m ..... $36.0m
    NPAT..................... $36m-$38m .... $36m-$38m ...... $36m-$38m ...... $37m-$38m ..... $38.4m
    EPS................................ 78c-83c ........ 78c-83c ............ 78c-83c ............. 80c-83c …....... 83c
    DPS............................... 39c-42c ......................................................................................... 44c

    FY2016
    ...................................... Initial ............ Updated .......... Updated ........... Guidance ........ Actual
    ................................... Guidance ....... Nov 2015 ......... Jan 2016 .......... April 2016 ..... FY2016
    PDL acquisitions.... $90-$120m ... $125-$145m ........................................................................
    Net lending............ $30m-$40m ….. $30-$40m ........................................................................
    PAT..................... $40m-$42m ...... $42-$44m ..........................................................................
    EPS.............................. 86c-91c .......... 91-95c ..........................................................................
    DPS............................. 44c-46c .................................................................................................
 
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(20min delay)
Last
$12.94
Change
-0.260(1.97%)
Mkt cap ! $880.7M
Open High Low Value Volume
$12.77 $13.07 $12.74 $3.285M 255.5K

Buyers (Bids)

No. Vol. Price($)
1 843 $12.90
 

Sellers (Offers)

Price($) Vol. No.
$13.00 843 1
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Last trade - 16.15pm 23/06/2025 (20 minute delay) ?
CCP (ASX) Chart
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