There is plenty of room for growth in this stock. I think they had a good scare around 2006 when they nearly lost their pants but with some timely intervention the company was able to reset its strategy, particularly with purchasing processes of debt ledgers. So here we are ten years later and the stock that was around$2 is now profitable and capped at $750M. And now looking to expand into the US. This is a very interesting strategy. I think that their model would easily be able to be reproduced in the context of the US debt market. So, if they pull this one off in the next two years and establish even a small presence in the US you are looking at what could be a $50 stock in 5 years.
CCP Price at posting:
$15.74 Sentiment: Buy Disclosure: Held
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