CCV 0.00% 22.0¢ cash converters international

They have re-affirmed their guidence for this year and given...

  1. 408 Posts.
    They have re-affirmed their guidence for this year and given circa $12m NPAT for next year due to legislation changes. Puts the stock on a PE of 3 or something from memory and a fully franked dividend yield of 13%. Given all their surplus cash, I dont see any problems with maintaining this dividend. At least we get paid well why we wait.
 
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