Roger bases his decisions on return on equity and whether or not a company is paying a dividend.
He likes companies with high return of equity that retains profits basically. The logic being that the money is better in a business earning 20% than in a bank.
The problem though with CCP is that the company has 168% debt.
Such high debt distorts the ROE picture dramatically and over inflats the the figure.
If you look at the ROC which includes debt, it is around 7% and the ROE is about 30% from memory.
Anyway having said that I own shares in the company so I am an owner.
Roger bases his decisions on return on equity and whether or not...
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Last
$15.62 |
Change
0.180(1.17%) |
Mkt cap ! $1.063B | |||
| Open | High | Low | Value | Volume |
| $15.06 | $15.66 | $15.05 | $7.055M | 453.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 335 | $15.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.66 | 808 | 2 |
View Market Depth
| Last trade - 16.10pm 01/08/2025 (20 minute delay) ? |
| CCP (ASX) Chart |