But on a more serious note...
I did have a glance at the latest 4C.
The main reason CCF isn't investment quality is that it has over $3 million in debt. Their repayments are $126,000 a quarter at the moment...
It's just a lot to wriggle out from under, and it puts their EV at close to twice their market cap.
So much needs to go right for the company for it to be a good buy.
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But on a more serious note...I did have a glance at the latest...
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